BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Reaches New 1-Year High – What’s Next?

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) reached a new 52-week high during trading on Thursday . The stock traded as high as $117.50 and last traded at $117.40, with a volume of 70048 shares. The stock had previously closed at $117.26.

BNY Mellon US Large Cap Core Equity ETF Trading Up 0.1 %

The company has a market cap of $2.78 billion, a price-to-earnings ratio of 27.03 and a beta of 1.02. The firm’s fifty day simple moving average is $114.63 and its 200 day simple moving average is $111.09.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC grew its holdings in BNY Mellon US Large Cap Core Equity ETF by 13.8% during the 3rd quarter. FMR LLC now owns 4,022 shares of the company’s stock worth $441,000 after acquiring an additional 487 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 111.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,545 shares of the company’s stock worth $169,000 after buying an additional 813 shares during the last quarter. David Kennon Inc lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 3.5% during the 3rd quarter. David Kennon Inc now owns 17,193 shares of the company’s stock worth $1,884,000 after buying an additional 574 shares during the last quarter. Symphony Financial Ltd. Co. lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 197.7% during the 4th quarter. Symphony Financial Ltd. Co. now owns 17,287 shares of the company’s stock worth $1,997,000 after buying an additional 11,481 shares during the last quarter. Finally, Zhang Financial LLC lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 17.6% during the 4th quarter. Zhang Financial LLC now owns 232,026 shares of the company’s stock worth $26,001,000 after buying an additional 34,756 shares during the last quarter.

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.