BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Sees Large Volume Increase – What’s Next?

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) saw strong trading volume on Thursday . 9,370 shares traded hands during trading, a decline of 10% from the previous session’s volume of 10,447 shares.The stock last traded at $97.84 and had previously closed at $97.82.

BNY Mellon US Mid Cap Core Equity ETF Price Performance

The stock has a 50-day simple moving average of $103.61 and a 200 day simple moving average of $103.19. The company has a market capitalization of $514.88 million, a PE ratio of 19.55 and a beta of 1.05.

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

Institutional investors have recently modified their holdings of the stock. FMR LLC raised its stake in BNY Mellon US Mid Cap Core Equity ETF by 21.7% during the third quarter. FMR LLC now owns 661 shares of the company’s stock worth $67,000 after acquiring an additional 118 shares during the period. Sentinel Pension Advisors Inc. increased its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 27.2% in the fourth quarter. Sentinel Pension Advisors Inc. now owns 6,278 shares of the company’s stock valued at $638,000 after purchasing an additional 1,342 shares during the period. RPOA Advisors Inc. increased its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 0.3% in the fourth quarter. RPOA Advisors Inc. now owns 3,945,271 shares of the company’s stock valued at $400,829,000 after purchasing an additional 11,581 shares during the period. Symphony Financial Ltd. Co. increased its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 213.5% in the fourth quarter. Symphony Financial Ltd. Co. now owns 6,960 shares of the company’s stock valued at $744,000 after purchasing an additional 4,740 shares during the period. Finally, Kestra Private Wealth Services LLC bought a new position in shares of BNY Mellon US Mid Cap Core Equity ETF in the fourth quarter valued at approximately $455,000.

About BNY Mellon US Mid Cap Core Equity ETF

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.