Diversify Wealth Management LLC Takes Position in BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC)

Diversify Wealth Management LLC purchased a new position in shares of BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 147,990 shares of the company’s stock, valued at approximately $13,617,000. BNY Mellon US Mid Cap Core Equity ETF comprises approximately 1.6% of Diversify Wealth Management LLC’s investment portfolio, making the stock its 9th largest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new position in shares of BNY Mellon US Mid Cap Core Equity ETF during the fourth quarter worth $73,000. Diversify Advisory Services LLC purchased a new stake in BNY Mellon US Mid Cap Core Equity ETF during the 1st quarter worth $16,386,000. Geneos Wealth Management Inc. increased its stake in BNY Mellon US Mid Cap Core Equity ETF by 12.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 26,453 shares of the company’s stock worth $2,621,000 after buying an additional 2,924 shares during the period. Finally, Key Financial Inc acquired a new position in BNY Mellon US Mid Cap Core Equity ETF in the 2nd quarter worth $93,000.

BNY Mellon US Mid Cap Core Equity ETF Price Performance

NYSEARCA:BKMC opened at $98.61 on Friday. BNY Mellon US Mid Cap Core Equity ETF has a 1-year low of $74.82 and a 1-year high of $100.36. The stock has a market cap of $484.19 million, a P/E ratio of 19.21 and a beta of 1.05. The firm has a 50-day moving average of $96.65 and a two-hundred day moving average of $95.54.

BNY Mellon US Mid Cap Core Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a $0.3143 dividend. The ex-dividend date of this dividend was Monday, July 1st.

BNY Mellon US Mid Cap Core Equity ETF 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.