BNY Mellon International Equity ETF (NYSEARCA:BKIE) Hits New 1-Year High – Time to Buy?

BNY Mellon International Equity ETF (NYSEARCA:BKIE)’s share price reached a new 52-week high on Monday . The company traded as high as $101.99 and last traded at $101.66, with a volume of 6724 shares traded. The stock had previously closed at $100.53.

BNY Mellon International Equity ETF Stock Up 0.7%

The stock has a market capitalization of $1.25 billion, a PE ratio of 16.44 and a beta of 0.79. The stock has a fifty day moving average of $98.28 and a 200-day moving average of $96.21.

Hedge Funds Weigh In On BNY Mellon International Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC lifted its stake in BNY Mellon International Equity ETF by 5.3% in the third quarter. Integrated Wealth Concepts LLC now owns 582,641 shares of the company’s stock worth $52,176,000 after acquiring an additional 29,191 shares during the last quarter. MGO One Seven LLC increased its position in shares of BNY Mellon International Equity ETF by 6.0% in the 4th quarter. MGO One Seven LLC now owns 457,785 shares of the company’s stock valued at $42,373,000 after purchasing an additional 26,029 shares during the last quarter. Creative Financial Designs Inc. ADV raised its holdings in shares of BNY Mellon International Equity ETF by 5.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 410,898 shares of the company’s stock valued at $38,033,000 after purchasing an additional 19,951 shares in the last quarter. LPL Financial LLC lifted its position in shares of BNY Mellon International Equity ETF by 9.7% during the 4th quarter. LPL Financial LLC now owns 334,531 shares of the company’s stock worth $30,964,000 after purchasing an additional 29,469 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of BNY Mellon International Equity ETF by 2.7% during the 4th quarter. Bank of New York Mellon Corp now owns 232,351 shares of the company’s stock worth $21,506,000 after purchasing an additional 6,105 shares during the last quarter.

BNY Mellon International Equity ETF Company Profile

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.