BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Sets New 12-Month High at $99.97

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) shares reached a new 52-week high on Thursday . The company traded as high as $99.97 and last traded at $99.80, with a volume of 68084 shares. The stock had previously closed at $99.82.

BNY Mellon US Large Cap Core Equity ETF Price Performance

The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 18.09 and a beta of 1.03. The stock’s 50 day simple moving average is $95.70 and its 200-day simple moving average is $88.82.

Institutional Investors Weigh In On BNY Mellon US Large Cap Core Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS Group AG bought a new stake in BNY Mellon US Large Cap Core Equity ETF during the first quarter valued at about $32,000. Royal Bank of Canada lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 39.1% during the 2nd quarter. Royal Bank of Canada now owns 1,191 shares of the company’s stock worth $99,000 after purchasing an additional 335 shares during the last quarter. PNC Financial Services Group Inc. bought a new stake in BNY Mellon US Large Cap Core Equity ETF during the 4th quarter valued at approximately $108,000. Compass Wealth Management LLC bought a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the fourth quarter valued at approximately $173,000. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 10.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,042 shares of the company’s stock worth $185,000 after acquiring an additional 189 shares during the last quarter.

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.