BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) Shares Acquired by Sovereign Investment Advisors LLC

Sovereign Investment Advisors LLC increased its position in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 25.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 313,875 shares of the company’s stock after buying an additional 63,078 shares during the quarter. BNY Mellon Global Infrastructure Income ETF comprises approximately 2.8% of Sovereign Investment Advisors LLC’s holdings, making the stock its 12th largest position. Sovereign Investment Advisors LLC owned approximately 0.42% of BNY Mellon Global Infrastructure Income ETF worth $9,463,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Courier Capital LLC acquired a new stake in shares of BNY Mellon Global Infrastructure Income ETF during the fourth quarter worth $486,000. HighTower Advisors LLC raised its position in shares of BNY Mellon Global Infrastructure Income ETF by 14.6% during the third quarter. HighTower Advisors LLC now owns 33,244 shares of the company’s stock worth $1,085,000 after purchasing an additional 4,234 shares during the period. Finally, Community Bank N.A. raised its position in shares of BNY Mellon Global Infrastructure Income ETF by 214.8% during the third quarter. Community Bank N.A. now owns 43,216 shares of the company’s stock worth $1,405,000 after purchasing an additional 29,490 shares during the period.

BNY Mellon Global Infrastructure Income ETF Stock Up 10.9 %

Shares of BNY Mellon Global Infrastructure Income ETF stock opened at $33.93 on Friday. The stock’s fifty day moving average is $31.95 and its 200-day moving average is $31.65. The firm has a market capitalization of $42.41 million, a PE ratio of 13.46 and a beta of 0.84. BNY Mellon Global Infrastructure Income ETF has a 12-month low of $27.17 and a 12-month high of $34.01.

BNY Mellon Global Infrastructure Income ETF Profile

The Bny Mellon Global Infrastructure Income ETF (BKGI) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund is an actively managed fund of global dividend-paying companies involved in the infrastructure industry. BKGI was launched on Nov 2, 2022 and is managed by BNY Mellon.