BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its stake in shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 39.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 65,013 shares of the company’s stock after selling 43,196 shares during the period. JPMorgan Chase & Co.’s holdings in BNY Mellon High Yield Beta ETF were worth $3,100,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BKHY. Arkadios Wealth Advisors raised its position in shares of BNY Mellon High Yield Beta ETF by 12.7% during the 4th quarter. Arkadios Wealth Advisors now owns 5,813 shares of the company’s stock worth $277,000 after purchasing an additional 655 shares during the last quarter. LPL Financial LLC boosted its stake in shares of BNY Mellon High Yield Beta ETF by 5.3% in the fourth quarter. LPL Financial LLC now owns 92,945 shares of the company’s stock worth $4,433,000 after acquiring an additional 4,697 shares during the last quarter. Atria Investments Inc increased its position in shares of BNY Mellon High Yield Beta ETF by 25.8% during the fourth quarter. Atria Investments Inc now owns 8,104 shares of the company’s stock worth $386,000 after purchasing an additional 1,662 shares in the last quarter. HighTower Advisors LLC raised its stake in BNY Mellon High Yield Beta ETF by 0.8% in the 4th quarter. HighTower Advisors LLC now owns 40,737 shares of the company’s stock valued at $1,943,000 after purchasing an additional 314 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in BNY Mellon High Yield Beta ETF by 1.1% in the 4th quarter. Bank of New York Mellon Corp now owns 427,650 shares of the company’s stock valued at $20,395,000 after purchasing an additional 4,667 shares in the last quarter.

BNY Mellon High Yield Beta ETF Trading Down 0.7 %

Shares of NYSEARCA BKHY opened at $46.52 on Tuesday. BNY Mellon High Yield Beta ETF has a 52 week low of $42.33 and a 52 week high of $48.99. The firm has a 50-day simple moving average of $47.47 and a 200-day simple moving average of $47.94.

BNY Mellon High Yield Beta ETF Company Profile

The BNY Mellon High Yield Beta ETF (BKHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of USD-denominated high yield corporate bonds with broad maturities. BKHY was launched on Apr 24, 2020 and is managed by BNY Mellon.