BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Reaches New 12-Month High – Here’s Why

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

BNY Mellon US Large Cap Core Equity ETF Price Performance

The stock has a market cap of $2.70 billion, a PE ratio of 27.03 and a beta of 1.02. The stock’s fifty day moving average is $113.35 and its 200-day moving average is $108.22.

Institutional Trading of BNY Mellon US Large Cap Core Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its holdings in BNY Mellon US Large Cap Core Equity ETF by 111.1% in the third quarter. JPMorgan Chase & Co. now owns 1,545 shares of the company’s stock valued at $169,000 after buying an additional 813 shares during the last quarter. Clear Point Advisors Inc. increased its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 33.9% in the 2nd 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 during the last quarter. Fiducient Advisors LLC acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF during the 2nd quarter worth about $259,000. FMR LLC lifted its stake in 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 during the last quarter. Finally, Aptus Capital Advisors LLC boosted its holdings in BNY Mellon US Large Cap Core Equity ETF by 71.9% in the second quarter. Aptus Capital Advisors LLC now owns 4,302 shares of the company’s stock valued at $446,000 after purchasing an additional 1,800 shares in the last quarter.

BNY Mellon US Large Cap Core Equity ETF Company Profile

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.