BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Sees Large Volume Increase – Here’s Why

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMCGet Free Report) shares saw strong trading volume on Monday . Approximately 78,315 shares traded hands during mid-day trading, a decline of 22% from the previous session’s volume of 100,533 shares.The stock last traded at $41.93 and had previously closed at $42.07.

BNY Mellon US Mid Cap Core Equity ETF Trading Down 0.2%

The stock has a 50-day moving average price of $40.60 and a 200 day moving average price of $39.28. The stock has a market capitalization of $676.56 million, a price-to-earnings ratio of 19.73 and a beta of 1.01.

Institutional Trading of BNY Mellon US Mid Cap Core Equity ETF

Several institutional investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 1.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 7,552 shares of the company’s stock valued at $820,000 after purchasing an additional 108 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 56.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 532 shares of the company’s stock worth $58,000 after buying an additional 192 shares during the period. Envestnet Asset Management Inc. raised its position in BNY Mellon US Mid Cap Core Equity ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,598 shares of the company’s stock worth $607,000 after buying an additional 294 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in BNY Mellon US Mid Cap Core Equity ETF during the 3rd quarter worth approximately $57,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of BNY Mellon US Mid Cap Core Equity ETF during the 2nd quarter worth $60,000.

BNY Mellon US Mid Cap Core Equity ETF Company Profile

(Get Free Report)

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.

See Also

Receive News & Ratings for BNY Mellon US Mid Cap Core Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNY Mellon US Mid Cap Core Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.