BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Shares Down 0.1% – Time to Sell?

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) shares dropped 0.1% during mid-day trading on Tuesday . The stock traded as low as $88.31 and last traded at $89.73. Approximately 14,033 shares traded hands during trading, a decline of 19% from the average daily volume of 17,338 shares. The stock had previously closed at $89.86.

BNY Mellon US Mid Cap Core Equity ETF Price Performance

The firm’s fifty day moving average price is $97.08 and its 200-day moving average price is $102.05. The company has a market cap of $467.49 million, a price-to-earnings ratio of 19.44 and a beta of 1.05.

Institutional Investors Weigh In On BNY Mellon US Mid Cap Core Equity ETF

Hedge funds have recently made changes to their positions in the business. FMR LLC raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 21.7% during the third quarter. FMR LLC now owns 661 shares of the company’s stock valued at $67,000 after purchasing an additional 118 shares in the last quarter. Sentinel Pension Advisors Inc. increased its stake in BNY Mellon US Mid Cap Core Equity ETF by 27.2% during the 4th quarter. Sentinel Pension Advisors Inc. now owns 6,278 shares of the company’s stock valued at $638,000 after buying an additional 1,342 shares during the period. RPOA Advisors Inc. raised its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 0.3% during the 4th quarter. RPOA Advisors Inc. now owns 3,945,271 shares of the company’s stock worth $400,829,000 after buying an additional 11,581 shares in the last quarter. Symphony Financial Ltd. Co. boosted its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 213.5% in the fourth quarter. Symphony Financial Ltd. Co. now owns 6,960 shares of the company’s stock valued at $744,000 after acquiring an additional 4,740 shares in the last quarter. Finally, Kestra Private Wealth Services LLC acquired a new position in shares of BNY Mellon US Mid Cap Core Equity ETF during the fourth quarter valued at approximately $455,000.

BNY Mellon US Mid Cap Core Equity ETF Company Profile

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.