BNY Mellon International Equity ETF (NYSEARCA:BKIE) Shares Gap Up – Still a Buy?

BNY Mellon International Equity ETF (NYSEARCA:BKIE)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $74.92, but opened at $77.17. BNY Mellon International Equity ETF shares last traded at $74.68, with a volume of 2,607 shares traded.

BNY Mellon International Equity ETF Stock Down 2.5 %

The firm has a market capitalization of $625.91 million, a PE ratio of 14.45 and a beta of 0.85. The stock has a 50-day moving average price of $75.44 and a 200 day moving average price of $75.81.

Institutional Trading of BNY Mellon International Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC grew its position in shares of BNY Mellon International Equity ETF by 26.5% during the third quarter. FMR LLC now owns 739 shares of the company’s stock worth $59,000 after buying an additional 155 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in BNY Mellon International Equity ETF by 4.7% during the 3rd quarter. Arkadios Wealth Advisors now owns 14,178 shares of the company’s stock worth $1,123,000 after acquiring an additional 641 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of BNY Mellon International Equity ETF in the 3rd quarter valued at approximately $205,000. Commonwealth Equity Services LLC acquired a new stake in shares of BNY Mellon International Equity ETF in the 2nd quarter valued at $213,000. Finally, MML Investors Services LLC acquired a new stake in shares of BNY Mellon International Equity ETF in the 3rd quarter valued at $242,000.

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.