BNY Mellon International Equity ETF (NYSEARCA:BKIE) Hits New 52-Week High – Here’s Why

Shares of BNY Mellon International Equity ETF (NYSEARCA:BKIE) hit a new 52-week high during trading on Tuesday . The stock traded as high as $35.18 and last traded at $35.18, with a volume of 1093 shares. The stock had previously closed at $34.91.

BNY Mellon International Equity ETF Price Performance

The stock has a market cap of $1.34 billion, a P/E ratio of 16.44 and a beta of 0.79. The stock’s 50 day simple moving average is $33.49 and its two-hundred day simple moving average is $32.81.

Institutional Investors Weigh In On BNY Mellon International Equity ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its stake in shares of BNY Mellon International Equity ETF by 2.4% in the 1st quarter. Royal Bank of Canada now owns 4,776 shares of the company’s stock valued at $446,000 after purchasing an additional 114 shares during the period. Arkadios Wealth Advisors boosted its position in shares of BNY Mellon International Equity ETF by 1.1% during the fourth quarter. Arkadios Wealth Advisors now owns 11,346 shares of the company’s stock worth $1,050,000 after buying an additional 126 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of BNY Mellon International Equity ETF by 57.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 503 shares of the company’s stock worth $47,000 after buying an additional 183 shares in the last quarter. Harbour Investments Inc. grew its holdings in shares of BNY Mellon International Equity ETF by 13.3% during the fourth quarter. Harbour Investments Inc. now owns 1,895 shares of the company’s stock worth $175,000 after buying an additional 222 shares in the last quarter. Finally, Innovative Wealth Building LLC grew its holdings in shares of BNY Mellon International Equity ETF by 0.8% during the fourth quarter. Innovative Wealth Building LLC now owns 40,143 shares of the company’s stock worth $3,716,000 after buying an additional 335 shares in the last quarter.

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.