Insight Wealth Strategies LLC Cuts Stake in BNY Mellon Global Infrastructure Income ETF $BKGI

Insight Wealth Strategies LLC lessened its holdings in shares of BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 87.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,161 shares of the company’s stock after selling 231,648 shares during the period. Insight Wealth Strategies LLC owned 0.69% of BNY Mellon Global Infrastructure Income ETF worth $1,458,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BKGI. Kestra Advisory Services LLC purchased a new position in BNY Mellon Global Infrastructure Income ETF during the fourth quarter worth about $30,000. CIBC Private Wealth Group LLC grew its stake in BNY Mellon Global Infrastructure Income ETF by 516.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 3,084 shares of the company’s stock worth $124,000 after purchasing an additional 2,584 shares in the last quarter. Arkadios Wealth Advisors purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF in the 4th quarter valued at about $205,000. Total Clarity Wealth Management Inc. acquired a new position in shares of BNY Mellon Global Infrastructure Income ETF during the first quarter worth about $225,000. Finally, Balefire LLC acquired a new position in shares of BNY Mellon Global Infrastructure Income ETF during the first quarter worth about $265,000.

BNY Mellon Global Infrastructure Income ETF Stock Performance

BKGI stock opened at $44.45 on Wednesday. BNY Mellon Global Infrastructure Income ETF has a fifty-two week low of $37.50 and a fifty-two week high of $46.84. The company’s 50 day moving average price is $45.15 and its 200 day moving average price is $44.85. The firm has a market capitalization of $213.36 million, a price-to-earnings ratio of 14.74 and a beta of 0.60.

BNY Mellon Global Infrastructure Income ETF Profile

The Bny Mellon Global Infrastructure Income ETF (BKGI) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund is an actively managed fund of global dividend-paying companies involved in the infrastructure industry. BKGI was launched on Nov 2, 2022 and is managed by BNY Mellon.