BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sets New 52-Week High – What’s Next?

Shares of BNY Mellon International Equity ETF (NYSEARCA:BKIE) hit a new 52-week high on Monday . The company traded as high as $95.48 and last traded at $95.51, with a volume of 4315 shares changing hands. The stock had previously closed at $95.11.

BNY Mellon International Equity ETF Price Performance

The stock has a market capitalization of $1.18 billion, a P/E ratio of 16.44 and a beta of 0.85. The firm has a 50-day simple moving average of $91.85 and a 200 day simple moving average of $89.15.

BNY Mellon International Equity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 29th were issued a dividend of $1.0429 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $4.17 dividend on an annualized basis and a yield of 4.4%. This is an increase from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.52.

Hedge Funds Weigh In On BNY Mellon International Equity ETF

Several hedge funds have recently modified their holdings of the company. RPOA Advisors Inc. raised its position in BNY Mellon International Equity ETF by 9.9% in the third quarter. RPOA Advisors Inc. now owns 4,271,163 shares of the company’s stock worth $382,483,000 after acquiring an additional 385,468 shares during the period. Creative Financial Designs Inc. ADV boosted its holdings in BNY Mellon International Equity ETF by 95.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 390,947 shares of the company’s stock valued at $35,009,000 after purchasing an additional 191,020 shares during the period. Wealth Forward LLC bought a new position in BNY Mellon International Equity ETF in the 3rd quarter valued at $6,158,000. Jane Street Group LLC grew its position in shares of BNY Mellon International Equity ETF by 203.3% during the 2nd quarter. Jane Street Group LLC now owns 94,364 shares of the company’s stock valued at $8,131,000 after purchasing an additional 63,247 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in BNY Mellon International Equity ETF by 497.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 43,152 shares of the company’s stock worth $3,864,000 after acquiring an additional 35,929 shares during the last quarter.

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.