BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Sees Large Volume Increase

Shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) saw unusually-strong trading volume on Wednesday . Approximately 247,396 shares were traded during trading, an increase of 219% from the previous session’s volume of 77,533 shares.The stock last traded at $104.57 and had previously closed at $104.34.

BNY Mellon US Large Cap Core Equity ETF Stock Up 0.5 %

The company’s 50 day simple moving average is $100.66 and its 200-day simple moving average is $96.77. The firm has a market cap of $2.48 billion, a P/E ratio of 27.03 and a beta of 1.02.

BNY Mellon US Large Cap Core Equity ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be paid a $0.3371 dividend. The ex-dividend date of this dividend is Monday, July 1st. This is an increase from BNY Mellon US Large Cap Core Equity ETF’s previous dividend of $0.33.

Institutional Trading of BNY Mellon US Large Cap Core Equity ETF

A number of large investors have recently modified their holdings of the company. PNC Financial Services Group Inc. purchased a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the fourth quarter worth $108,000. Clear Point Advisors Inc. grew its holdings in BNY Mellon US Large Cap Core Equity ETF by 2,981.3% in the first quarter. Clear Point Advisors Inc. now owns 1,479 shares of the company’s stock valued at $148,000 after purchasing an additional 1,431 shares during the period. Compass Wealth Management LLC purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the fourth quarter valued at approximately $173,000. Keener Financial Planning LLC purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the 4th quarter valued at $206,000. Finally, Collective Family Office LLC purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the fourth quarter valued at about $262,000.

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.