BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sees Large Volume Increase – Here’s What Happened

BNY Mellon International Equity ETF (NYSEARCA:BKIE) shares saw unusually-strong trading volume on Tuesday . Approximately 58,579 shares were traded during mid-day trading, an increase of 56% from the previous session’s volume of 37,650 shares.The stock last traded at $78.60 and had previously closed at $77.91.

BNY Mellon International Equity ETF Stock Up 0.9 %

The firm’s 50 day simple moving average is $74.48 and its two-hundred day simple moving average is $75.62. The stock has a market capitalization of $675.79 million, a P/E ratio of 14.45 and a beta of 0.85.

Institutional Trading of BNY Mellon International Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in BNY Mellon International Equity ETF in the third quarter valued at approximately $205,000. MML Investors Services LLC acquired a new stake in BNY Mellon International Equity ETF in the 3rd quarter valued at $242,000. FMR LLC raised its holdings in BNY Mellon International Equity ETF by 26.5% during the third quarter. FMR LLC now owns 739 shares of the company’s stock worth $59,000 after buying an additional 155 shares during the last quarter. Cerity Partners LLC bought a new position in shares of BNY Mellon International Equity ETF in the third quarter valued at $437,000. Finally, Sentinel Pension Advisors Inc. grew its holdings in shares of BNY Mellon International Equity ETF by 4.1% during the fourth quarter. Sentinel Pension Advisors Inc. now owns 574,379 shares of the company’s stock valued at $41,602,000 after buying an additional 22,393 shares during the last quarter.

About BNY Mellon International Equity ETF

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.