BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Hits New 12-Month High – What’s Next?

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMCGet Free Report)’s share price reached a new 52-week high on Wednesday . The company traded as high as $119.71 and last traded at $119.43, with a volume of 2465 shares traded. The stock had previously closed at $117.89.

BNY Mellon US Mid Cap Core Equity ETF Stock Performance

The stock has a market cap of $628.08 million, a price-to-earnings ratio of 19.73 and a beta of 1.02. The stock’s 50-day simple moving average is $113.95 and its two-hundred day simple moving average is $112.51.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BKMC. JPMorgan Chase & Co. acquired a new position in BNY Mellon US Mid Cap Core Equity ETF during the 3rd quarter worth $57,000. Rockefeller Capital Management L.P. lifted its position in BNY Mellon US Mid Cap Core Equity ETF by 56.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 532 shares of the company’s stock worth $58,000 after acquiring an additional 192 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of BNY Mellon US Mid Cap Core Equity ETF during the second quarter valued at about $60,000. Fifth Third Wealth Advisors LLC acquired a new position in shares of BNY Mellon US Mid Cap Core Equity ETF during the third quarter valued at about $226,000. Finally, Royal Bank of Canada raised its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 129.8% during the fourth quarter. Royal Bank of Canada now owns 2,116 shares of the company’s stock valued at $231,000 after buying an additional 1,195 shares during the last quarter.

About BNY Mellon US Mid Cap Core Equity ETF

(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.

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