BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Short Interest Update

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) was the recipient of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 4,275 shares, a decline of 19.1% from the February 26th total of 5,282 shares. Based on an average daily volume of 9,080 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On BNY Mellon US Mid Cap Core Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. lifted its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 105.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,585 shares of the company’s stock worth $438,000 after acquiring an additional 2,349 shares during the last quarter. Cetera Investment Advisers increased its stake in BNY Mellon US Mid Cap Core Equity ETF by 6.5% in the second quarter. Cetera Investment Advisers now owns 7,594 shares of the company’s stock worth $777,000 after purchasing an additional 465 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 57.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,444 shares of the company’s stock worth $762,000 after purchasing an additional 2,710 shares during the last quarter. Diversify Advisory Services LLC boosted its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 21.4% during the second quarter. Diversify Advisory Services LLC now owns 62,289 shares of the company’s stock valued at $6,536,000 after purchasing an additional 10,973 shares during the period. Finally, Diversify Wealth Management LLC grew its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 3.1% in the second quarter. Diversify Wealth Management LLC now owns 158,206 shares of the company’s stock worth $16,602,000 after purchasing an additional 4,811 shares during the last quarter.

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

NYSEARCA:BKMC traded up $0.03 during mid-day trading on Monday, hitting $108.05. 10,650 shares of the stock traded hands, compared to its average volume of 16,541. BNY Mellon US Mid Cap Core Equity ETF has a 52 week low of $82.26 and a 52 week high of $119.18. The stock has a market capitalization of $599.68 million, a price-to-earnings ratio of 19.73 and a beta of 1.06. The firm’s 50 day moving average is $114.87 and its two-hundred day moving average is $111.32.

About BNY Mellon US Mid Cap Core Equity ETF

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.