BNY Mellon International Equity ETF (NYSEARCA:BKIE) Reaches New 52-Week High – What’s Next?

BNY Mellon International Equity ETF (NYSEARCA:BKIE)’s share price hit a new 52-week high on Monday . The company traded as high as $94.34 and last traded at $94.2950, with a volume of 19281 shares changing hands. The stock had previously closed at $93.27.

BNY Mellon International Equity ETF Stock Up 1.1%

The company has a 50 day simple moving average of $91.22 and a 200 day simple moving average of $88.63. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 16.44 and a beta of 0.85.

BNY Mellon International Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were issued a $1.0429 dividend. The ex-dividend date was Monday, December 29th. This is a positive change from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.52. This represents a $4.17 annualized dividend and a yield of 4.4%.

Institutional Investors Weigh In On BNY Mellon International Equity ETF

Institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its holdings in BNY Mellon International Equity ETF by 497.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 43,152 shares of the company’s stock valued at $3,864,000 after acquiring an additional 35,929 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in BNY Mellon International Equity ETF by 5.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 582,641 shares of the company’s stock worth $52,176,000 after acquiring an additional 29,191 shares in the last quarter. Bank of America Corp DE increased its position in shares of BNY Mellon International Equity ETF by 90.5% in the 3rd quarter. Bank of America Corp DE now owns 16,872 shares of the company’s stock worth $1,511,000 after purchasing an additional 8,013 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of BNY Mellon International Equity ETF by 58.8% in the 3rd quarter. Raymond James Financial Inc. now owns 17,893 shares of the company’s stock worth $1,602,000 after purchasing an additional 6,623 shares during the last quarter. Finally, Crux Wealth Advisors raised its stake in shares of BNY Mellon International Equity ETF by 27.3% in the 3rd quarter. Crux Wealth Advisors now owns 19,287 shares of the company’s stock valued at $1,727,000 after purchasing an additional 4,137 shares in the last quarter.

About BNY Mellon International Equity ETF

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.