BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sees Strong Trading Volume – Here’s What Happened

BNY Mellon International Equity ETF (NYSEARCA:BKIE) saw an uptick in trading volume on Tuesday . 237,717 shares were traded during trading, an increase of 138% from the previous session’s volume of 99,778 shares.The stock last traded at $98.73 and had previously closed at $98.14.

BNY Mellon International Equity ETF Stock Down 0.5%

The stock has a market capitalization of $1.07 billion, a PE ratio of 16.44 and a beta of 0.81. The firm’s fifty day moving average price is $96.61 and its two-hundred day moving average price is $93.66.

Institutional Trading of BNY Mellon International Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BKIE. RPOA Advisors Inc. increased its holdings in BNY Mellon International Equity ETF by 9.9% during the third quarter. RPOA Advisors Inc. now owns 4,271,163 shares of the company’s stock valued at $382,483,000 after buying an additional 385,468 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in 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 valued at $35,009,000 after buying an additional 191,020 shares during the last quarter. Wealth Forward LLC purchased a new stake in BNY Mellon International Equity ETF during the third quarter valued at approximately $6,158,000. IFC & Insurance Marketing Inc. purchased a new stake in BNY Mellon International Equity ETF during the fourth quarter valued at approximately $6,180,000. Finally, Jane Street Group LLC increased its holdings in BNY Mellon International Equity ETF by 203.3% during the second quarter. Jane Street Group LLC now owns 94,364 shares of the company’s stock valued at $8,131,000 after buying an additional 63,247 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.