BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Sets New 52-Week High – Here’s Why

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $116.65 and last traded at $116.65, with a volume of 101 shares. The stock had previously closed at $115.40.

BNY Mellon US Large Cap Core Equity ETF Price Performance

The business’s 50 day moving average is $113.40 and its 200-day moving average is $108.31. The company has a market cap of $2.69 billion, a PE ratio of 27.03 and a beta of 1.02.

Institutional Trading of BNY Mellon US Large Cap Core Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 111.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,545 shares of the company’s stock worth $169,000 after buying an additional 813 shares during the last quarter. Clear Point Advisors Inc. boosted its stake in BNY Mellon US Large Cap Core Equity ETF by 33.9% in the second quarter. Clear Point Advisors Inc. now owns 1,981 shares of the company’s stock valued at $206,000 after acquiring an additional 502 shares in the last quarter. Fiducient Advisors LLC purchased a new position in shares of BNY Mellon US Large Cap Core Equity ETF during the second quarter worth about $259,000. FMR LLC increased its position in shares of BNY Mellon US Large Cap Core Equity ETF by 13.8% during the third quarter. FMR LLC now owns 4,022 shares of the company’s stock worth $441,000 after purchasing an additional 487 shares in the last quarter. Finally, Aptus Capital Advisors LLC increased its position in shares of BNY Mellon US Large Cap Core Equity ETF by 71.9% during the second quarter. Aptus Capital Advisors LLC now owns 4,302 shares of the company’s stock worth $446,000 after purchasing an additional 1,800 shares in the last quarter.

About BNY Mellon US Large Cap Core Equity ETF

The BNY Mellon US Large Cap Core Equity ETF (BKLC) is an exchange-traded fund that is based on the Morningstar U.S. Large Cap index, a market-cap-weighted index of large-cap stocks that represent the top 70% of the US equity market, in terms of capitalization. BKLC was launched on Apr 9, 2020 and is managed by BNY Mellon.