BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sees Unusually-High Trading Volume – Here’s Why

BNY Mellon International Equity ETF (NYSEARCA:BKIE) saw strong trading volume on Friday . 371,075 shares changed hands during mid-day trading, an increase of 309% from the previous session’s volume of 90,663 shares.The stock last traded at $99.88 and had previously closed at $99.82.

BNY Mellon International Equity ETF Stock Down 0.4%

The company has a 50-day moving average of $99.07 and a 200 day moving average of $96.84. The firm has a market capitalization of $1.23 billion, a PE ratio of 16.44 and a beta of 0.79.

Institutional Trading of BNY Mellon International Equity ETF

A number of large investors have recently modified their holdings of BKIE. Integrated Wealth Concepts LLC grew its holdings in shares of BNY Mellon International Equity ETF by 5.3% during the third quarter. Integrated Wealth Concepts LLC now owns 582,641 shares of the company’s stock worth $52,176,000 after purchasing an additional 29,191 shares in the last quarter. MGO One Seven LLC lifted its position in BNY Mellon International Equity ETF by 6.0% during the fourth quarter. MGO One Seven LLC now owns 457,785 shares of the company’s stock valued at $42,373,000 after purchasing an additional 26,029 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its position in BNY Mellon International Equity ETF by 5.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 410,898 shares of the company’s stock valued at $38,033,000 after purchasing an additional 19,951 shares during the last quarter. LPL Financial LLC grew its stake in BNY Mellon International Equity ETF by 9.7% in the 4th quarter. LPL Financial LLC now owns 334,531 shares of the company’s stock worth $30,964,000 after buying an additional 29,469 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in BNY Mellon International Equity ETF by 2.7% in the 4th quarter. Bank of New York Mellon Corp now owns 232,351 shares of the company’s stock worth $21,506,000 after buying an additional 6,105 shares in the last quarter.

About BNY Mellon International Equity ETF

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.