BNY Mellon US Mid Cap Core Equity ETF $BKMC Stock Position Lessened by RPOA Advisors Inc.

RPOA Advisors Inc. cut its stake in BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) by 57.9% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,785,118 shares of the company’s stock after selling 2,451,556 shares during the quarter. BNY Mellon US Mid Cap Core Equity ETF comprises about 8.6% of RPOA Advisors Inc.’s holdings, making the stock its 4th largest position. RPOA Advisors Inc. owned 49.72% of BNY Mellon US Mid Cap Core Equity ETF worth $196,909,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. purchased a new stake in BNY Mellon US Mid Cap Core Equity ETF in the third quarter valued at approximately $57,000. Rockefeller Capital Management L.P. lifted its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 56.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 532 shares of the company’s stock worth $58,000 after acquiring an additional 192 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of BNY Mellon US Mid Cap Core Equity ETF in the 2nd quarter worth approximately $60,000. Royal Bank of Canada grew its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 129.8% during the 4th quarter. Royal Bank of Canada now owns 2,116 shares of the company’s stock valued at $231,000 after purchasing an additional 1,195 shares during the last quarter. Finally, Krilogy Financial LLC bought a new position in shares of BNY Mellon US Mid Cap Core Equity ETF during the 1st quarter valued at $267,000.

BNY Mellon US Mid Cap Core Equity ETF Stock Down 0.9%

Shares of NYSEARCA:BKMC opened at $120.71 on Wednesday. The company’s fifty day moving average is $118.66 and its 200 day moving average is $115.27. BNY Mellon US Mid Cap Core Equity ETF has a 52 week low of $100.60 and a 52 week high of $123.11. The stock has a market cap of $638.56 million, a PE ratio of 19.73 and a beta of 1.01.

BNY Mellon US Mid Cap Core Equity ETF Company Profile

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.