Park Avenue Securities LLC Makes New $1.01 Million Investment in BNY Mellon Emerging Markets Equity ETF $BKEM

Park Avenue Securities LLC purchased a new position in BNY Mellon Emerging Markets Equity ETF (NYSEARCA:BKEM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 33,314 shares of the company’s stock, valued at approximately $1,011,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Odyssey Capital Advisors Inc. grew its holdings in BNY Mellon Emerging Markets Equity ETF by 206.5% during the 3rd quarter. Odyssey Capital Advisors Inc. now owns 7,141 shares of the company’s stock valued at $217,000 after buying an additional 4,811 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of BNY Mellon Emerging Markets Equity ETF by 0.7% in the second quarter. Integrated Wealth Concepts LLC now owns 53,430 shares of the company’s stock worth $5,093,000 after buying an additional 376 shares in the last quarter. Symphony Financial Ltd. Co. lifted its holdings in shares of BNY Mellon Emerging Markets Equity ETF by 30.3% in the second quarter. Symphony Financial Ltd. Co. now owns 11,895 shares of the company’s stock worth $1,115,000 after buying an additional 2,766 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of BNY Mellon Emerging Markets Equity ETF by 27.6% in the first quarter. Cetera Investment Advisers now owns 25,706 shares of the company’s stock worth $2,037,000 after buying an additional 5,565 shares in the last quarter. Finally, Zhang Financial LLC bought a new position in shares of BNY Mellon Emerging Markets Equity ETF during the first quarter worth $208,000.

BNY Mellon Emerging Markets Equity ETF Stock Performance

BKEM opened at $27.89 on Wednesday. The stock has a market capitalization of $100.40 million, a price-to-earnings ratio of 14.60 and a beta of 0.76. The company has a fifty day moving average of $30.04 and a 200 day moving average of $29.41. BNY Mellon Emerging Markets Equity ETF has a fifty-two week low of $23.79 and a fifty-two week high of $33.51.

About BNY Mellon Emerging Markets Equity ETF

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.