BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Short Interest Update

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 164,790 shares, a growth of 61.5% from the July 30th total of 102,016 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 298,168 shares, the days-to-cover ratio is currently 0.6 days.

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

Hedge funds have recently bought and sold shares of the business. UBS Group AG boosted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 21.1% in the 4th quarter. UBS Group AG now owns 98,656 shares of the company’s stock worth $12,904,000 after purchasing an additional 17,207 shares in the last quarter. Main Management Fund Advisors LLC grew its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 3.1% in the 4th quarter. Main Management Fund Advisors LLC now owns 1,028,900 shares of the company’s stock worth $134,580,000 after buying an additional 30,990 shares during the last quarter. Kestra Advisory Services LLC increased its position in BNY Mellon US Large Cap Core Equity ETF by 9.9% during the 1st quarter. Kestra Advisory Services LLC now owns 148,706 shares of the company’s stock valued at $18,560,000 after buying an additional 13,357 shares in the last quarter. Krilogy Financial LLC increased its position in BNY Mellon US Large Cap Core Equity ETF by 327.5% during the 1st quarter. Krilogy Financial LLC now owns 7,263 shares of the company’s stock valued at $975,000 after buying an additional 5,564 shares in the last quarter. Finally, Principia Wealth Advisory LLC increased its position in BNY Mellon US Large Cap Core Equity ETF by 69.8% during the 4th quarter. Principia Wealth Advisory LLC now owns 69,497 shares of the company’s stock valued at $9,090,000 after buying an additional 28,576 shares in the last quarter.

BNY Mellon US Large Cap Core Equity ETF Stock Down 0.8%

Shares of BKLC stock traded down $0.41 during mid-day trading on Tuesday, reaching $48.63. 292,366 shares of the company’s stock traded hands, compared to its average volume of 669,313. The company’s 50-day moving average price is $48.21 and its 200-day moving average price is $46.08. The company has a market cap of $5.58 billion, a P/E ratio of 25.44 and a beta of 1.02. BNY Mellon US Large Cap Core Equity ETF has a 12 month low of $40.21 and a 12 month high of $49.84.

BNY Mellon US Large Cap Core Equity ETF Company Profile

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.