BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sees Strong Trading Volume – Here’s Why

BNY Mellon International Equity ETF (NYSEARCA:BKIE) shares saw strong trading volume on Tuesday . 78,806 shares traded hands during trading, an increase of 176% from the previous session’s volume of 28,541 shares.The stock last traded at $74.42 and had previously closed at $73.38.

BNY Mellon International Equity ETF Trading Up 0.8 %

The business has a 50 day moving average of $73.87 and a two-hundred day moving average of $75.47. The firm has a market cap of $647.32 million, a P/E ratio of 14.45 and a beta of 0.85.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Alta Wealth Advisors LLC acquired a new position in BNY Mellon International Equity ETF in the 4th quarter valued at $996,000. RPOA Advisors Inc. boosted its position in shares of BNY Mellon International Equity ETF by 1.2% in the fourth quarter. RPOA Advisors Inc. now owns 4,046,888 shares of the company’s stock valued at $293,116,000 after acquiring an additional 49,723 shares during the period. Sentinel Pension Advisors Inc. grew its stake in shares of BNY Mellon International Equity ETF by 4.1% in the fourth quarter. Sentinel Pension Advisors Inc. now owns 574,379 shares of the company’s stock valued at $41,602,000 after acquiring an additional 22,393 shares in the last quarter. Sanctuary Advisors LLC bought a new position in BNY Mellon International Equity ETF during the third quarter worth about $205,000. Finally, Advisory Resource Group raised its stake in BNY Mellon International Equity ETF by 6.4% in the 3rd quarter. Advisory Resource Group now owns 66,201 shares of the company’s stock worth $5,241,000 after purchasing an additional 3,978 shares in the last quarter.

BNY Mellon International Equity ETF Company Profile

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.