BNY Mellon International Equity ETF (NYSEARCA:BKIE) Hits New 52-Week High – Here’s Why

BNY Mellon International Equity ETF (NYSEARCA:BKIE)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $34.29 and last traded at $33.96, with a volume of 2356 shares. The stock had previously closed at $33.89.

BNY Mellon International Equity ETF Stock Up 1.2%

The firm’s 50 day simple moving average is $33.38 and its two-hundred day simple moving average is $32.73. The stock has a market capitalization of $1.32 billion, a P/E ratio of 16.44 and a beta of 0.79.

Institutional Trading of BNY Mellon International Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BKIE. IFC & Insurance Marketing Inc. bought a new position in BNY Mellon International Equity ETF in the fourth quarter worth approximately $6,180,000. Jane Street Group LLC increased its holdings in shares of BNY Mellon International Equity ETF by 203.3% during the second quarter. Jane Street Group LLC now owns 94,364 shares of the company’s stock valued at $8,131,000 after acquiring an additional 63,247 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of BNY Mellon International Equity ETF by 126.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 97,794 shares of the company’s stock worth $9,052,000 after purchasing an additional 54,642 shares during the period. Cetera Investment Advisers lifted its holdings in shares of BNY Mellon International Equity ETF by 228.4% in the 4th quarter. Cetera Investment Advisers now owns 76,079 shares of the company’s stock worth $7,042,000 after purchasing an additional 52,910 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new position in shares of BNY Mellon International Equity ETF in the 4th quarter worth $4,431,000.

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.