MJP Associates Inc. ADV Has $24.34 Million Stock Position in BNY Mellon Dynamic Value ETF $BKDV

MJP Associates Inc. ADV grew its stake in shares of BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) by 10,446.2% in the fourth quarter, Holdings Channel reports. The firm owned 838,842 shares of the company’s stock after acquiring an additional 830,888 shares during the period. BNY Mellon Dynamic Value ETF accounts for approximately 3.0% of MJP Associates Inc. ADV’s holdings, making the stock its 8th largest position. MJP Associates Inc. ADV’s holdings in BNY Mellon Dynamic Value ETF were worth $24,343,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Advisor OS LLC increased its stake in BNY Mellon Dynamic Value ETF by 10,446.2% in the 4th quarter. Advisor OS LLC now owns 838,842 shares of the company’s stock worth $24,343,000 after buying an additional 830,888 shares during the period. Raymond James Financial Inc. purchased a new stake in BNY Mellon Dynamic Value ETF in the 3rd quarter valued at about $20,773,000. Bank of America Corp DE purchased a new stake in BNY Mellon Dynamic Value ETF in the 3rd quarter valued at about $17,192,000. HighTower Advisors LLC grew its stake in BNY Mellon Dynamic Value ETF by 1,912.6% in the 3rd quarter. HighTower Advisors LLC now owns 510,058 shares of the company’s stock worth $14,180,000 after acquiring an additional 484,715 shares in the last quarter. Finally, Trivium Point Advisory LLC grew its stake in BNY Mellon Dynamic Value ETF by 183.3% in the 3rd quarter. Trivium Point Advisory LLC now owns 332,230 shares of the company’s stock worth $9,236,000 after acquiring an additional 214,965 shares in the last quarter.

BNY Mellon Dynamic Value ETF Stock Performance

Shares of NYSEARCA:BKDV opened at $32.20 on Friday. The firm’s 50 day simple moving average is $30.44 and its 200-day simple moving average is $29.68. BNY Mellon Dynamic Value ETF has a one year low of $24.80 and a one year high of $32.38. The firm has a market cap of $1.37 billion, a PE ratio of 19.68 and a beta of 0.77.

BNY Mellon Dynamic Value ETF Profile

The BNY Mellon Dynamic Value ETF (BKDV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, focusing on value companies of any market-cap globally. The fund seeks capital growth through a bottom-up investment approach, prioritizing intrinsic value, strong fundamentals, and positive momentum BKDV was launched on Nov 1, 2024 and is issued by BNY Mellon.