BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sees Large Volume Increase – Here’s Why

BNY Mellon International Equity ETF (NYSEARCA:BKIE) shares saw unusually-high trading volume on Tuesday . Approximately 78,806 shares changed hands during mid-day trading, an increase of 176% from the previous session’s volume of 28,541 shares.The stock last traded at $74.42 and had previously closed at $73.38.

BNY Mellon International Equity ETF Trading Up 0.8 %

The company has a market capitalization of $647.32 million, a price-to-earnings ratio of 14.45 and a beta of 0.85. The company has a 50 day moving average price of $73.87 and a 200 day moving average price of $75.47.

Institutional Trading of BNY Mellon International Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. FMR LLC grew its holdings in BNY Mellon International Equity ETF by 26.5% during the third quarter. FMR LLC now owns 739 shares of the company’s stock valued at $59,000 after purchasing an additional 155 shares during the period. Arkadios Wealth Advisors boosted its position in shares of BNY Mellon International Equity ETF by 4.7% during the third quarter. Arkadios Wealth Advisors now owns 14,178 shares of the company’s stock worth $1,123,000 after purchasing an additional 641 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of BNY Mellon International Equity ETF in the 3rd quarter valued at $205,000. Commonwealth Equity Services LLC bought a new stake in shares of BNY Mellon International Equity ETF in the 2nd quarter valued at $213,000. Finally, MML Investors Services LLC acquired a new stake in BNY Mellon International Equity ETF during the 3rd quarter worth $242,000.

About BNY Mellon International Equity ETF

The BNY Mellon International Equity ETF (BKIE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a market-cap-weighted index of large-caps in the Developed Markets outside of US. BKIE was launched on Apr 24, 2020 and is managed by BNY Mellon.