BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Reaches New 12-Month High – Here’s What Happened

Shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) hit a new 52-week high during trading on Tuesday . The company traded as high as $48.67 and last traded at $48.66, with a volume of 25072 shares traded. The stock had previously closed at $48.35.

BNY Mellon US Large Cap Core Equity ETF Stock Up 1.3%

The firm has a market capitalization of $5.62 billion, a P/E ratio of 25.44 and a beta of 1.02. The business has a 50-day moving average price of $47.65 and a 200-day moving average price of $45.36.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 2,374.0% during the 1st quarter. Royal Bank of Canada now owns 411,647 shares of the company’s stock worth $51,377,000 after buying an additional 395,008 shares during the period. Ameriprise Financial Inc. grew its position in BNY Mellon US Large Cap Core Equity ETF by 77.9% in the third quarter. Ameriprise Financial Inc. now owns 648,631 shares of the company’s stock valued at $85,283,000 after acquiring an additional 284,120 shares during the period. Bank of New York Mellon Corp grew its position in BNY Mellon US Large Cap Core Equity ETF by 12.9% in the first quarter. Bank of New York Mellon Corp now owns 1,526,246 shares of the company’s stock valued at $190,491,000 after acquiring an additional 174,048 shares during the period. Stadion Money Management LLC raised its stake in BNY Mellon US Large Cap Core Equity ETF by 32.8% during the first quarter. Stadion Money Management LLC now owns 607,509 shares of the company’s stock worth $75,823,000 after acquiring an additional 150,119 shares in the last quarter. Finally, Ferguson Shapiro LLC acquired a new position in BNY Mellon US Large Cap Core Equity ETF during the fourth quarter worth $18,494,000.

About BNY Mellon US Large Cap Core Equity ETF

The BNY Mellon US Large Cap Core Equity ETF (BKLC) is an exchange-traded fund that is based on the Morningstar U.S. Large Cap index, a market-cap-weighted index of large-cap stocks that represent the top 70% of the US equity market, in terms of capitalization. BKLC was launched on Apr 9, 2020 and is managed by BNY Mellon.