Crux Wealth Advisors Increases Stock Position in BNY Mellon Emerging Markets Equity ETF $BKEM

Crux Wealth Advisors lifted its position in shares of BNY Mellon Emerging Markets Equity ETF (NYSEARCA:BKEM) by 174.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,257 shares of the company’s stock after purchasing an additional 8,431 shares during the period. Crux Wealth Advisors owned 0.63% of BNY Mellon Emerging Markets Equity ETF worth $889,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Cetera Investment Advisers lifted its holdings in BNY Mellon Emerging Markets Equity ETF by 17.6% in the 1st quarter. Cetera Investment Advisers now owns 16,076 shares of the company’s stock worth $977,000 after buying an additional 2,401 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of BNY Mellon Emerging Markets Equity ETF by 10.3% during the first quarter. Envestnet Asset Management Inc. now owns 16,442 shares of the company’s stock valued at $1,000,000 after acquiring an additional 1,535 shares in the last quarter. Jane Street Group LLC purchased a new stake in BNY Mellon Emerging Markets Equity ETF in the first quarter worth $1,368,000. Finally, Flow Traders U.S. LLC purchased a new stake in BNY Mellon Emerging Markets Equity ETF in the first quarter worth $3,814,000.

BNY Mellon Emerging Markets Equity ETF Stock Performance

NYSEARCA:BKEM opened at $73.83 on Friday. The company has a 50-day moving average price of $71.37 and a 200-day moving average price of $66.27. The stock has a market cap of $66.45 million, a price-to-earnings ratio of 14.60 and a beta of 0.60. BNY Mellon Emerging Markets Equity ETF has a 12 month low of $52.26 and a 12 month high of $77.55.

BNY Mellon Emerging Markets Equity ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a dividend of $0.6898 per share. This represents a $2.76 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Wednesday, October 1st. This is a positive change from BNY Mellon Emerging Markets Equity ETF’s previous quarterly dividend of $0.53.

BNY Mellon Emerging Markets Equity ETF Profile

The BNY Mellon Emerging Markets Equity ETF (BKEM) is an exchange-traded fund that mostly invests in large cap equity. The fund is a passively managed fund with emerging market exposure to broad large-cap stocks, selected and weighted by market cap. BKEM was launched on Apr 24, 2020 and is managed by BNY Mellon.