MJP Associates Inc. ADV Boosts Position in BNY Mellon Dynamic Value ETF $BKDV

MJP Associates Inc. ADV grew its position in BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) by 10,446.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 838,842 shares of the company’s stock after acquiring an additional 830,888 shares during the quarter. BNY Mellon Dynamic Value ETF comprises about 3.0% of MJP Associates Inc. ADV’s portfolio, making the stock its 8th largest position. MJP Associates Inc. ADV owned 2.90% of BNY Mellon Dynamic Value ETF worth $24,343,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of BNY Mellon Dynamic Value ETF during the 4th quarter worth about $55,000. Advisory Services Network LLC purchased a new stake in BNY Mellon Dynamic Value ETF in the 3rd quarter worth about $61,000. IFP Advisors Inc purchased a new stake in BNY Mellon Dynamic Value ETF in the 3rd quarter worth about $67,000. Atlantic Union Bankshares Corp bought a new stake in BNY Mellon Dynamic Value ETF in the third quarter worth about $84,000. Finally, Advisor OS LLC purchased a new position in shares of BNY Mellon Dynamic Value ETF during the third quarter valued at approximately $221,000.

BNY Mellon Dynamic Value ETF Stock Performance

BKDV opened at $32.20 on Friday. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of 19.68 and a beta of 0.77. The stock’s 50 day moving average price is $30.44 and its 200-day moving average price is $29.68. BNY Mellon Dynamic Value ETF has a one year low of $24.80 and a one year high of $32.38.

BNY Mellon Dynamic Value ETF Company Profile

The BNY Mellon Dynamic Value ETF (BKDV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, focusing on value companies of any market-cap globally. The fund seeks capital growth through a bottom-up investment approach, prioritizing intrinsic value, strong fundamentals, and positive momentum BKDV was launched on Nov 1, 2024 and is issued by BNY Mellon.