BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Hits New 1-Year High – Time to Buy?

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) shares reached a new 52-week high during trading on Thursday . The company traded as high as $116.84 and last traded at $116.84, with a volume of 94795 shares trading hands. The stock had previously closed at $116.19.

BNY Mellon US Large Cap Core Equity ETF Stock Performance

The firm’s 50-day moving average is $114.04 and its 200 day moving average is $109.49. The firm has a market capitalization of $2.77 billion, a P/E ratio of 27.03 and a beta of 1.02.

Hedge Funds Weigh In On BNY Mellon US Large Cap Core Equity ETF

A number of large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC raised its position in shares of BNY Mellon US Large Cap Core Equity ETF by 13.3% in the third quarter. Integrated Wealth Concepts LLC now owns 2,018,483 shares of the company’s stock valued at $221,145,000 after buying an additional 236,711 shares in the last quarter. Sentinel Pension Advisors Inc. lifted its stake in BNY Mellon US Large Cap Core Equity ETF by 2.7% in the 4th quarter. Sentinel Pension Advisors Inc. now owns 817,780 shares of the company’s stock valued at $91,640,000 after purchasing an additional 21,260 shares during the last quarter. Zhang Financial LLC boosted its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 17.6% during the 4th quarter. Zhang Financial LLC now owns 232,026 shares of the company’s stock valued at $26,001,000 after acquiring an additional 34,756 shares in the last quarter. JDM Financial Group LLC increased its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 9,856.5% in the third quarter. JDM Financial Group LLC now owns 183,000 shares of the company’s stock valued at $20,049,000 after buying an additional 181,162 shares during the period. Finally, WealthBridge Capital Management LLC lifted its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 17.1% during the third quarter. WealthBridge Capital Management LLC now owns 117,624 shares of the company’s stock worth $12,887,000 after purchasing an additional 17,144 shares during the period.

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.