BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Sets New 52-Week High – Here’s What Happened

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $143.84 and last traded at $143.58, with a volume of 4036 shares trading hands. The stock had previously closed at $142.25.

BNY Mellon US Large Cap Core Equity ETF Price Performance

The firm has a market capitalization of $5.52 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02. The firm has a 50 day moving average price of $133.22 and a 200-day moving average price of $131.74.

Institutional Trading of BNY Mellon US Large Cap Core Equity ETF

Several hedge funds have recently modified their holdings of BKLC. Jane Street Group LLC acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the first quarter valued at $1,105,000. Raymond James Financial Inc. raised its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 3.5% in the second quarter. Raymond James Financial Inc. now owns 4,105 shares of the company’s stock valued at $486,000 after acquiring an additional 137 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 5.4% in the second quarter. Ameriprise Financial Inc. now owns 364,511 shares of the company’s stock valued at $43,169,000 after acquiring an additional 18,595 shares in the last quarter. MML Investors Services LLC raised its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 81.7% in the second quarter. MML Investors Services LLC now owns 12,712 shares of the company’s stock valued at $1,506,000 after acquiring an additional 5,716 shares in the last quarter. Finally, Orion Porfolio Solutions LLC acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the second quarter valued at $1,093,000.

About BNY Mellon US Large Cap Core Equity ETF

The BNY Mellon US Large Cap Core Equity ETF (BKLC) is an exchange-traded fund that is based on the Morningstar U.S. Large Cap index, a market-cap-weighted index of large-cap stocks that represent the top 70% of the US equity market, in terms of capitalization. BKLC was launched on Apr 9, 2020 and is managed by BNY Mellon.