BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Sees Strong Trading Volume – Here’s What Happened

Shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) saw unusually-strong trading volume on Monday . Approximately 268,053 shares changed hands during mid-day trading, an increase of 96% from the previous session’s volume of 136,787 shares.The stock last traded at $113.92 and had previously closed at $113.66.

BNY Mellon US Large Cap Core Equity ETF Price Performance

The company has a fifty day simple moving average of $105.35 and a 200-day simple moving average of $110.95. The company has a market cap of $2.75 billion, a P/E ratio of 25.08 and a beta of 1.03.

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

Institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC boosted its position in BNY Mellon US Large Cap Core Equity ETF by 7.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,172,107 shares of the company’s stock worth $230,938,000 after acquiring an additional 157,930 shares during the period. Betterment LLC boosted its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 4.7% during the first quarter. Betterment LLC now owns 5,939 shares of the company’s stock worth $631,000 after purchasing an additional 268 shares during the period. JDM Financial Group LLC grew its position in BNY Mellon US Large Cap Core Equity ETF by 11.4% during the first quarter. JDM Financial Group LLC now owns 213,344 shares of the company’s stock valued at $22,683,000 after purchasing an additional 21,829 shares in the last quarter. Quadcap Wealth Management LLC increased its stake in BNY Mellon US Large Cap Core Equity ETF by 2.0% in the 1st quarter. Quadcap Wealth Management LLC now owns 5,598 shares of the company’s stock valued at $595,000 after buying an additional 110 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in BNY Mellon US Large Cap Core Equity ETF by 2.8% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 273,162 shares of the company’s stock worth $29,043,000 after buying an additional 7,360 shares in 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.