BNY Mellon International Equity ETF (NYSEARCA:BKIE) Hits New 1-Year High – Still a Buy?

BNY Mellon International Equity ETF (NYSEARCA:BKIE)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $95.48 and last traded at $95.51, with a volume of 4315 shares traded. The stock had previously closed at $95.11.

BNY Mellon International Equity ETF Trading Up 0.5%

The company has a market capitalization of $1.18 billion, a PE ratio of 16.44 and a beta of 0.85. The business has a fifty day moving average of $91.61 and a 200 day moving average of $89.00.

BNY Mellon International Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 29th were paid a $1.0429 dividend. This is an increase 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%. The ex-dividend date was Monday, December 29th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BKIE. RPOA Advisors Inc. raised its stake in BNY Mellon International Equity ETF by 9.9% during the 3rd quarter. RPOA Advisors Inc. now owns 4,271,163 shares of the company’s stock worth $382,483,000 after acquiring an additional 385,468 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of BNY Mellon International Equity ETF by 95.5% during the third quarter. Creative Financial Designs Inc. ADV now owns 390,947 shares of the company’s stock worth $35,009,000 after purchasing an additional 191,020 shares during the last quarter. Wealth Forward LLC purchased a new position in shares of BNY Mellon International Equity ETF during the third quarter worth about $6,158,000. Jane Street Group LLC lifted its holdings in shares of BNY Mellon International Equity ETF by 203.3% in the 2nd quarter. Jane Street Group LLC now owns 94,364 shares of the company’s stock valued at $8,131,000 after purchasing an additional 63,247 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of BNY Mellon International Equity ETF by 497.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 43,152 shares of the company’s stock valued at $3,864,000 after purchasing an additional 35,929 shares during 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.