BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Sets New 1-Year High – Here’s What Happened

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC)’s share price reached a new 52-week high on Thursday . The stock traded as high as $117.50 and last traded at $117.40, with a volume of 70048 shares changing hands. The stock had previously closed at $117.26.

BNY Mellon US Large Cap Core Equity ETF Trading Down 1.8 %

The business’s fifty day moving average price is $114.64 and its 200-day moving average price is $111.24. The company has a market capitalization of $2.72 billion, a P/E ratio of 27.03 and a beta of 1.02.

Institutional Investors Weigh In On BNY Mellon US Large Cap Core Equity ETF

Several hedge funds have recently added to or reduced their stakes in the company. Capital Analysts LLC purchased a new position in shares of BNY Mellon US Large Cap Core Equity ETF during the 4th quarter valued at about $37,000. Global Retirement Partners LLC raised its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 89.9% during the fourth quarter. Global Retirement Partners LLC now owns 488 shares of the company’s stock worth $55,000 after acquiring an additional 231 shares in the last quarter. NewEdge Advisors LLC bought a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the 4th quarter worth approximately $65,000. Transce3nd LLC purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the 4th quarter valued at $148,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 111.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,545 shares of the company’s stock valued at $169,000 after purchasing an additional 813 shares during the last quarter.

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.