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

BNY Mellon International Equity ETF (NYSEARCA:BKIE)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $34.03 and last traded at $33.17, with a volume of 31206 shares trading hands. The stock had previously closed at $33.43.

BNY Mellon International Equity ETF Stock Performance

The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 16.44 and a beta of 0.79. The company has a fifty day simple moving average of $33.31 and a 200 day simple moving average of $32.66.

Institutional Trading of BNY Mellon International Equity ETF

Large investors have recently made changes to their positions in the company. Raymond James Financial Inc. raised its holdings in shares of BNY Mellon International Equity ETF by 13.5% in the 2nd quarter. Raymond James Financial Inc. now owns 11,270 shares of the company’s stock worth $971,000 after acquiring an additional 1,342 shares during the last quarter. Jane Street Group LLC lifted its stake in BNY Mellon International Equity ETF by 203.3% in the second 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. Private Advisor Group LLC grew its stake in shares of BNY Mellon International Equity ETF by 15.9% during the 3rd quarter. Private Advisor Group LLC now owns 4,645 shares of the company’s stock worth $416,000 after acquiring an additional 637 shares during the period. Bank of America Corp DE increased its stake in shares of BNY Mellon International Equity ETF by 90.5% in the third 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 in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of BNY Mellon International Equity ETF by 497.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 43,152 shares of the company’s stock worth $3,864,000 after acquiring an additional 35,929 shares in the last quarter.

BNY Mellon International Equity ETF Company Profile

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.