BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Reaches New 52-Week High – Here’s What Happened

Shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $117.08 and last traded at $117.06, with a volume of 47051 shares changing hands. The stock had previously closed at $116.96.

BNY Mellon US Large Cap Core Equity ETF Stock Up 0.0 %

The stock’s 50-day simple moving average is $114.53 and its 200 day simple moving average is $110.64. The firm has a market cap of $2.77 billion, a P/E ratio of 27.03 and a beta of 1.02.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Global Retirement Partners LLC grew its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 89.9% in the 4th quarter. Global Retirement Partners LLC now owns 488 shares of the company’s stock valued at $55,000 after buying an additional 231 shares during the period. NewEdge Advisors LLC bought a new position in BNY Mellon US Large Cap Core Equity ETF in the 4th quarter valued at about $65,000. Transce3nd LLC acquired a new position in BNY Mellon US Large Cap Core Equity ETF during the 4th quarter valued at about $148,000. JPMorgan Chase & Co. boosted its stake in 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 valued at $169,000 after purchasing an additional 813 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the fourth quarter worth approximately $249,000.

About BNY Mellon US Large Cap Core Equity ETF

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.