BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sets New 52-Week High – Here’s What Happened

Shares of BNY Mellon International Equity ETF (NYSEARCA:BKIE) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $96.02 and last traded at $95.8110, with a volume of 21566 shares. The stock had previously closed at $95.26.

BNY Mellon International Equity ETF Price Performance

The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 16.44 and a beta of 0.85. The firm has a 50-day moving average price of $92.45 and a two-hundred day moving average price of $89.54.

BNY Mellon International Equity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 29th were given a $1.0429 dividend. This is a boost from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.52. This represents a $4.17 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, December 29th.

Institutional Investors Weigh In On BNY Mellon International Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BKIE. Birchbrook Inc. acquired a new position in shares of BNY Mellon International Equity ETF during the 3rd quarter worth about $25,000. Tortoise Investment Management LLC bought a new stake in BNY Mellon International Equity ETF during the third quarter worth about $38,000. Key Financial Inc raised its holdings in BNY Mellon International Equity ETF by 38.2% during the second quarter. Key Financial Inc now owns 478 shares of the company’s stock worth $41,000 after acquiring an additional 132 shares in the last quarter. First Horizon Advisors Inc. acquired a new position in BNY Mellon International Equity ETF during the second quarter valued at approximately $52,000. Finally, Creekmur Asset Management LLC bought a new position in BNY Mellon International Equity ETF in the second quarter valued at approximately $77,000.

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.