BNY Mellon US Mid Cap Core Equity ETF $BKMC Stock Purchased by RPOA Advisors Inc.

RPOA Advisors Inc. boosted its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) by 205.3% in the third quarter, HoldingsChannel reports. The firm owned 10,564,518 shares of the company’s stock after buying an additional 7,104,670 shares during the period. BNY Mellon US Mid Cap Core Equity ETF accounts for about 12.2% of RPOA Advisors Inc.’s holdings, making the stock its 3rd biggest holding. RPOA Advisors Inc. owned 0.64% of BNY Mellon US Mid Cap Core Equity ETF worth $407,685,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Bank of New York Mellon Corp boosted its holdings in BNY Mellon US Mid Cap Core Equity ETF by 7.0% in the first quarter. Bank of New York Mellon Corp now owns 550,459 shares of the company’s stock valued at $60,719,000 after purchasing an additional 35,792 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 1.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 69,515 shares of the company’s stock valued at $7,668,000 after buying an additional 1,310 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 6.9% during the 1st quarter. Cetera Investment Advisers now owns 9,554 shares of the company’s stock valued at $1,054,000 after buying an additional 613 shares during the last quarter. Citadel Advisors LLC raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 53.7% during the 2nd quarter. Citadel Advisors LLC now owns 7,428 shares of the company’s stock valued at $920,000 after buying an additional 2,594 shares during the last quarter. Finally, Key Financial Inc raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 78.8% during the 1st quarter. Key Financial Inc now owns 7,253 shares of the company’s stock valued at $800,000 after buying an additional 3,196 shares during the last quarter.

BNY Mellon US Mid Cap Core Equity ETF Stock Down 0.3%

Shares of BKMC stock opened at $38.38 on Tuesday. The stock has a market cap of $633.65 million, a PE ratio of 19.73 and a beta of 1.02. The business has a 50-day simple moving average of $39.99 and a 200-day simple moving average of $39.83. BNY Mellon US Mid Cap Core Equity ETF has a 52-week low of $34.30 and a 52-week high of $42.07.

BNY Mellon US Mid Cap Core Equity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a dividend of $0.1386 per share. This represents a $0.55 annualized dividend and a yield of 1.4%. This is a negative change from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.3775. The ex-dividend date of this dividend was Thursday, October 1st.

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.