BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sees Strong Trading Volume – Still a Buy?

Shares of BNY Mellon International Equity ETF (NYSEARCA:BKIE) saw strong trading volume on Tuesday . 58,579 shares traded hands during trading, an increase of 56% from the previous session’s volume of 37,650 shares.The stock last traded at $78.60 and had previously closed at $77.91.

BNY Mellon International Equity ETF Trading Up 0.9 %

The business has a 50-day moving average of $74.48 and a 200 day moving average of $75.62. The firm has a market capitalization of $675.79 million, a PE ratio of 14.45 and a beta of 0.85.

Institutional Trading of BNY Mellon International Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in BKIE. Cetera Investment Advisers grew its holdings in shares of BNY Mellon International Equity ETF by 7.3% in the fourth quarter. Cetera Investment Advisers now owns 18,181 shares of the company’s stock valued at $1,317,000 after acquiring an additional 1,236 shares in the last quarter. Citadel Advisors LLC grew its stake in BNY Mellon International Equity ETF by 91.1% in the 4th quarter. Citadel Advisors LLC now owns 5,613 shares of the company’s stock valued at $407,000 after purchasing an additional 2,676 shares during the period. Jane Street Group LLC increased its position in shares of BNY Mellon International Equity ETF by 252.4% during the 4th quarter. Jane Street Group LLC now owns 48,875 shares of the company’s stock valued at $3,540,000 after purchasing an additional 35,004 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of BNY Mellon International Equity ETF by 33.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 607,261 shares of the company’s stock worth $43,984,000 after purchasing an additional 151,327 shares during the period. Finally, MGO One Seven LLC boosted its holdings in shares of BNY Mellon International Equity ETF by 24.1% in the 4th quarter. MGO One Seven LLC now owns 459,693 shares of the company’s stock worth $33,296,000 after buying an additional 89,327 shares during 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.