BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Short Interest Update

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 5,626 shares, a decrease of 67.8% from the December 31st total of 17,492 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 11,583 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 11,583 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of BNY Mellon US Mid Cap Core Equity ETF

Several hedge funds have recently modified their holdings of BKMC. Osaic Holdings Inc. grew its holdings in BNY Mellon US Mid Cap Core Equity ETF by 406.8% during the second quarter. Osaic Holdings Inc. now owns 14,135 shares of the company’s stock worth $1,447,000 after acquiring an additional 11,346 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 111.2% during the 2nd quarter. Geneos Wealth Management Inc. now owns 63,969 shares of the company’s stock worth $6,548,000 after purchasing an additional 33,687 shares during the period. Crux Wealth Advisors increased its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 15.9% in the 2nd quarter. Crux Wealth Advisors now owns 5,086 shares of the company’s stock valued at $521,000 after purchasing an additional 696 shares in the last quarter. RPOA Advisors Inc. lifted its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 5.2% in the third quarter. RPOA Advisors Inc. now owns 4,229,542 shares of the company’s stock valued at $458,971,000 after purchasing an additional 209,436 shares during the period. Finally, Diversify Advisory Services LLC lifted its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 21.4% in the second quarter. Diversify Advisory Services LLC now owns 62,289 shares of the company’s stock valued at $6,536,000 after purchasing an additional 10,973 shares during the period.

BNY Mellon US Mid Cap Core Equity ETF Trading Down 0.9%

Shares of NYSEARCA:BKMC traded down $0.99 during midday trading on Friday, hitting $114.35. The stock had a trading volume of 8,795 shares, compared to its average volume of 19,455. BNY Mellon US Mid Cap Core Equity ETF has a 1 year low of $82.26 and a 1 year high of $118.10. The stock has a 50 day moving average price of $112.00 and a two-hundred day moving average price of $108.72. The company has a market capitalization of $634.64 million, a PE ratio of 19.73 and a beta of 1.06.

BNY Mellon US Mid Cap Core Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 29th were given a dividend of $0.4651 per share. This represents a $1.86 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, December 29th. This is a positive change from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.35.

BNY Mellon US Mid Cap Core Equity ETF Company Profile

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.