BNY Mellon International Equity ETF $BKIE Position Increased by IFC & Insurance Marketing Inc.

IFC & Insurance Marketing Inc. lifted its position in BNY Mellon International Equity ETF (NYSEARCA:BKIE) by 126.1% in the third quarter, HoldingsChannel.com reports. The firm owned 32,560 shares of the company’s stock after acquiring an additional 18,162 shares during the period. BNY Mellon International Equity ETF comprises 0.9% of IFC & Insurance Marketing Inc.’s investment portfolio, making the stock its 23rd largest holding. IFC & Insurance Marketing Inc.’s holdings in BNY Mellon International Equity ETF were worth $1,088,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Forward LLC lifted its position in BNY Mellon International Equity ETF by 71.4% in the third quarter. Wealth Forward LLC now owns 121,844 shares of the company’s stock worth $4,071,000 after purchasing an additional 50,772 shares during the period. XY Planning Network Inc. increased its holdings in BNY Mellon International Equity ETF by 200.0% in the 3rd quarter. XY Planning Network Inc. now owns 14,190 shares of the company’s stock valued at $474,000 after buying an additional 9,460 shares during the period. Krilogy Financial LLC increased its holdings in BNY Mellon International Equity ETF by 199.0% in the 3rd quarter. Krilogy Financial LLC now owns 6,588 shares of the company’s stock valued at $218,000 after buying an additional 4,385 shares during the period. Farther Finance Advisors LLC increased its holdings in BNY Mellon International Equity ETF by 116.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 15,764 shares of the company’s stock valued at $527,000 after buying an additional 8,495 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of BNY Mellon International Equity ETF by 1.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 63,759 shares of the company’s stock valued at $6,414,000 after buying an additional 1,086 shares in the last quarter.

BNY Mellon International Equity ETF Stock Performance

Shares of BKIE stock traded down $0.03 during mid-day trading on Friday, reaching $33.28. The company’s stock had a trading volume of 102,512 shares, compared to its average volume of 226,799. The firm’s 50-day moving average is $34.12 and its two-hundred day moving average is $33.42. The company has a market cap of $1.32 billion, a P/E ratio of 16.44 and a beta of 0.79. BNY Mellon International Equity ETF has a 1-year low of $28.96 and a 1-year high of $35.18.

BNY Mellon International Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.1911 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.8702. This represents a $0.76 dividend on an annualized basis and a yield of 2.3%.

BNY Mellon International Equity ETF 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.