BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Reaches New 1-Year High – What’s Next?

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $117.50 and last traded at $117.40, with a volume of 70048 shares. The stock had previously closed at $117.26.

BNY Mellon US Large Cap Core Equity ETF Stock Performance

The firm’s 50-day moving average price is $114.63 and its two-hundred day moving average price is $111.09. The firm has a market cap of $2.78 billion, a PE ratio of 27.03 and a beta of 1.02.

Institutional Trading of BNY Mellon US Large Cap Core Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of BKLC. Capital Analysts LLC purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the 4th quarter valued at $37,000. Global Retirement Partners LLC raised its position in BNY Mellon US Large Cap Core Equity ETF by 89.9% in the 4th quarter. Global Retirement Partners LLC now owns 488 shares of the company’s stock valued at $55,000 after purchasing an additional 231 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the 4th quarter valued at $65,000. Transce3nd LLC purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the 4th quarter valued at $148,000. Finally, JPMorgan Chase & Co. raised its position in BNY Mellon US Large Cap Core Equity ETF by 111.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,545 shares of the company’s stock valued at $169,000 after purchasing an additional 813 shares during the last quarter.

About BNY Mellon US Large Cap Core Equity ETF

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.