BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sees Strong Trading Volume

BNY Mellon International Equity ETF (NYSEARCA:BKIE) saw an uptick in trading volume on Thursday . 201,630 shares traded hands during mid-day trading, an increase of 531% from the previous session’s volume of 31,957 shares.The stock last traded at $72.55 and had previously closed at $72.68.

BNY Mellon International Equity ETF Stock Up 0.7 %

The firm has a market cap of $614.26 million, a PE ratio of 14.11 and a beta of 0.83. The company’s fifty day moving average price is $73.79 and its two-hundred day moving average price is $70.21.

BNY Mellon International Equity ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.5666 dividend. The ex-dividend date of this dividend was Monday, April 1st.

Institutional Trading of BNY Mellon International Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of BNY Mellon International Equity ETF in the first quarter valued at about $1,513,000. Total Investment Management Inc. boosted its holdings in BNY Mellon International Equity ETF by 1.0% during the first quarter. Total Investment Management Inc. now owns 646,414 shares of the company’s stock worth $48,875,000 after buying an additional 6,239 shares in the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in BNY Mellon International Equity ETF during the fourth quarter worth about $239,000. Principal Securities Inc. purchased a new stake in BNY Mellon International Equity ETF during the fourth quarter worth about $349,000. Finally, Lincoln National Corp purchased a new stake in BNY Mellon International Equity ETF during the fourth quarter worth about $1,499,000.

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.