BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV – Get Free Report) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 326,891 shares, an increase of 1,733.8% from the September 15th total of 17,826 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 566,340 shares, the days-to-cover ratio is presently 0.6 days.
BNY Mellon Dynamic Value ETF Price Performance
Shares of BKDV traded up $0.16 during mid-day trading on Friday, reaching $34.36. The company’s stock had a trading volume of 576,775 shares, compared to its average volume of 403,184. BNY Mellon Dynamic Value ETF has a 12-month low of $27.35 and a 12-month high of $35.14. The stock has a market cap of $2.07 billion, a PE ratio of 19.68 and a beta of 0.73. The company’s 50 day moving average is $34.50 and its 200 day moving average is $33.07.
Institutional Trading of BNY Mellon Dynamic Value ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Noble Wealth Management PBC boosted its holdings in shares of BNY Mellon Dynamic Value ETF by 0.8% in the 3rd quarter. Noble Wealth Management PBC now owns 117,612 shares of the company’s stock valued at $3,964,000 after buying an additional 958 shares in the last quarter. Western Wealth Management LLC acquired a new stake in BNY Mellon Dynamic Value ETF during the 1st quarter worth $52,000. KFA Private Wealth Group LLC lifted its position in BNY Mellon Dynamic Value ETF by 6.9% in the first quarter. KFA Private Wealth Group LLC now owns 28,636 shares of the company’s stock valued at $849,000 after acquiring an additional 1,836 shares during the last quarter. Trademark Financial Management LLC lifted its position in BNY Mellon Dynamic Value ETF by 16.2% in the first quarter. Trademark Financial Management LLC now owns 16,939 shares of the company’s stock valued at $502,000 after acquiring an additional 2,367 shares during the last quarter. Finally, Baron Wealth Management LLC boosted its stake in BNY Mellon Dynamic Value ETF by 17.5% in the second quarter. Baron Wealth Management LLC now owns 32,419 shares of the company’s stock valued at $1,086,000 after acquiring an additional 4,825 shares in the last quarter.
About BNY Mellon Dynamic Value ETF
The BNY Mellon Dynamic Value ETF (BKDV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, focusing on value companies of any market-cap globally. The fund seeks capital growth through a bottom-up investment approach, prioritizing intrinsic value, strong fundamentals, and positive momentum BKDV was launched on Nov 1, 2024 and is issued by BNY Mellon.
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