Royal Bank of Canada Grows Holdings in BNY Mellon US Large Cap Core Equity ETF $BKLC

Royal Bank of Canada raised its stake in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 2,374.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 411,647 shares of the company’s stock after buying an additional 395,008 shares during the period. Royal Bank of Canada’s holdings in BNY Mellon US Large Cap Core Equity ETF were worth $51,377,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Ascentis Independent Advisors bought a new stake in shares of BNY Mellon US Large Cap Core Equity ETF during the 1st quarter worth $25,000. Assetmark Inc. grew its position in BNY Mellon US Large Cap Core Equity ETF by 174.0% in the fourth quarter. Assetmark Inc. now owns 348 shares of the company’s stock worth $46,000 after acquiring an additional 221 shares in the last quarter. Financial Management Professionals Inc. purchased a new position in BNY Mellon US Large Cap Core Equity ETF in the fourth quarter worth $50,000. CWM LLC increased its stake in BNY Mellon US Large Cap Core Equity ETF by 812.1% in the fourth quarter. CWM LLC now owns 529 shares of the company’s stock valued at $69,000 after acquiring an additional 471 shares during the last quarter. Finally, Waverly Advisors LLC bought a new position in BNY Mellon US Large Cap Core Equity ETF in the first quarter valued at $68,000.

BNY Mellon US Large Cap Core Equity ETF Price Performance

NYSEARCA BKLC opened at $47.63 on Monday. The stock’s 50-day simple moving average is $47.63 and its two-hundred day simple moving average is $45.33. BNY Mellon US Large Cap Core Equity ETF has a twelve month low of $39.61 and a twelve month high of $48.61. The company has a market capitalization of $5.47 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02.

About BNY Mellon US Large Cap Core Equity ETF

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.