BNY Mellon International Equity ETF (NYSEARCA:BKIE) Hits New 12-Month High – Time to Buy?

BNY Mellon International Equity ETF (NYSEARCA:BKIE) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $35.18 and last traded at $35.18, with a volume of 1093 shares trading hands. The stock had previously closed at $34.91.

BNY Mellon International Equity ETF Stock Performance

The company has a market cap of $1.34 billion, a price-to-earnings ratio of 16.44 and a beta of 0.79. The firm’s 50-day moving average price is $33.55 and its 200 day moving average price is $32.85.

Institutional Trading of BNY Mellon International Equity ETF

A number of institutional investors have recently bought and sold shares of BKIE. Flagship Wealth Advisors LLC lifted its stake in shares of BNY Mellon International Equity ETF by 45.6% in the 4th quarter. Flagship Wealth Advisors LLC now owns 76,301 shares of the company’s stock valued at $7,062,000 after purchasing an additional 23,902 shares during the period. MGO One Seven LLC grew its stake in shares of BNY Mellon International Equity ETF by 6.0% during the fourth quarter. MGO One Seven LLC now owns 457,785 shares of the company’s stock worth $42,373,000 after purchasing an additional 26,029 shares during the period. Certified Advisory Corp increased its holdings in BNY Mellon International Equity ETF by 317.0% in the first quarter. Certified Advisory Corp now owns 11,747 shares of the company’s stock valued at $1,098,000 after purchasing an additional 8,930 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in BNY Mellon International Equity ETF by 5.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 410,898 shares of the company’s stock valued at $38,033,000 after purchasing an additional 19,951 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in BNY Mellon International Equity ETF by 126.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 97,794 shares of the company’s stock valued at $9,052,000 after purchasing an additional 54,642 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.