BNY Mellon International Equity ETF (NYSEARCA:BKIE) Hits New 52-Week High – Here’s Why

BNY Mellon International Equity ETF (NYSEARCA:BKIE)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $92.30 and last traded at $92.1850, with a volume of 19182 shares changing hands. The stock had previously closed at $91.15.

BNY Mellon International Equity ETF Stock Performance

The firm has a market cap of $1.06 billion, a PE ratio of 16.44 and a beta of 0.85. The company’s 50-day simple moving average is $90.07 and its two-hundred day simple moving average is $87.52.

BNY Mellon International Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.5238 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $2.10 annualized dividend and a dividend yield of 2.3%.

Institutional Investors Weigh In On BNY Mellon International Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. First Horizon Advisors Inc. bought a new stake in BNY Mellon International Equity ETF in the second quarter valued at $52,000. Capital Investment Advisors LLC bought a new position in BNY Mellon International Equity ETF in the 2nd quarter worth $523,000. Creative Financial Designs Inc. ADV lifted its position in shares of BNY Mellon International Equity ETF by 14.1% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 199,927 shares of the company’s stock worth $17,228,000 after purchasing an additional 24,697 shares during the period. Stratos Wealth Partners LTD. boosted its stake in shares of BNY Mellon International Equity ETF by 53.6% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 30,890 shares of the company’s stock valued at $2,662,000 after purchasing an additional 10,776 shares in the last quarter. Finally, SVB Wealth LLC bought a new stake in shares of BNY Mellon International Equity ETF during the 1st quarter valued at about $39,000.

BNY Mellon International Equity ETF Company Profile

The BNY Mellon International Equity ETF (BKIE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a market-cap-weighted index of large-caps in the Developed Markets outside of US. BKIE was launched on Apr 24, 2020 and is managed by BNY Mellon.