BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Hits New 12-Month High – What’s Next?

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $116.84 and last traded at $116.84, with a volume of 94795 shares traded. The stock had previously closed at $116.19.

BNY Mellon US Large Cap Core Equity ETF Stock Performance

The business has a 50-day moving average of $114.04 and a 200 day moving average of $109.49. The stock has a market cap of $2.77 billion, a PE ratio of 27.03 and a beta of 1.02.

Hedge Funds Weigh In On BNY Mellon US Large Cap Core Equity ETF

Several institutional investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC grew its holdings in BNY Mellon US Large Cap Core Equity ETF by 13.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 2,018,483 shares of the company’s stock valued at $221,145,000 after buying an additional 236,711 shares during the period. JDM Financial Group LLC boosted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 9,856.5% in the third quarter. JDM Financial Group LLC now owns 183,000 shares of the company’s stock worth $20,049,000 after acquiring an additional 181,162 shares during the last quarter. KMG Fiduciary Partners LLC grew its holdings in BNY Mellon US Large Cap Core Equity ETF by 362.4% in the third quarter. KMG Fiduciary Partners LLC now owns 58,105 shares of the company’s stock valued at $6,366,000 after purchasing an additional 45,538 shares during the period. Zhang Financial LLC increased its position in BNY Mellon US Large Cap Core Equity ETF by 17.6% during the fourth quarter. Zhang Financial LLC now owns 232,026 shares of the company’s stock worth $26,001,000 after purchasing an additional 34,756 shares during the last quarter. Finally, Sentinel Pension Advisors Inc. raised its stake in BNY Mellon US Large Cap Core Equity ETF by 4.1% during the third quarter. Sentinel Pension Advisors Inc. now owns 796,520 shares of the company’s stock worth $87,267,000 after purchasing an additional 31,024 shares during the period.

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.