BNY Mellon International Equity ETF (NYSEARCA:BKIE) Shares Cross Below 200 Day Moving Average – Here’s What Happened

BNY Mellon International Equity ETF (NYSEARCA:BKIE) shares crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $33.12 and traded as low as $33.02. BNY Mellon International Equity ETF shares last traded at $33.06, with a volume of 74,330 shares trading hands.

BNY Mellon International Equity ETF Trading Down 0.6%

The stock has a market cap of $1.31 billion, a PE ratio of 16.44 and a beta of 0.80. The company’s 50 day moving average is $33.74 and its 200-day moving average is $33.12.

BNY Mellon International Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a dividend of $0.1911 per share. This is a drop from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.8702. This represents a $0.76 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Thursday, October 1st.

Institutional Trading of BNY Mellon International Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BKIE. RPOA Advisors Inc. lifted its stake in shares of BNY Mellon International Equity ETF by 199.8% in the third quarter. RPOA Advisors Inc. now owns 9,718,965 shares of the company’s stock worth $324,711,000 after acquiring an additional 6,476,743 shares in the last quarter. MGO One Seven LLC boosted its holdings in BNY Mellon International Equity ETF by 211.1% in the third quarter. MGO One Seven LLC now owns 1,492,767 shares of the company’s stock valued at $49,873,000 after purchasing an additional 1,013,001 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in BNY Mellon International Equity ETF by 4.4% in the second quarter. Integrated Wealth Concepts LLC now owns 570,178 shares of the company’s stock valued at $57,360,000 after purchasing an additional 23,995 shares during the last quarter. Flagship Wealth Advisors LLC grew its stake in BNY Mellon International Equity ETF by 231.6% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 386,480 shares of the company’s stock valued at $12,912,000 after purchasing an additional 269,922 shares in the last quarter. Finally, VestGen Advisors LLC grew its stake in BNY Mellon International Equity ETF by 343.1% during the 3rd quarter. VestGen Advisors LLC now owns 305,761 shares of the company’s stock valued at $10,215,000 after purchasing an additional 236,756 shares in the last quarter.

BNY Mellon International Equity ETF Company Profile

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.