BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Hits New 52-Week High – Should You Buy?

Shares of BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) reached a new 52-week high during trading on Wednesday . The company traded as high as $109.71 and last traded at $109.71, with a volume of 69927 shares. The stock had previously closed at $109.02.

BNY Mellon US Large Cap Core Equity ETF Trading Up 0.6 %

The firm has a market capitalization of $2.60 billion, a PE ratio of 27.03 and a beta of 1.02. The firm has a 50-day moving average of $105.67 and a two-hundred day moving average of $102.57.

Institutional Trading of BNY Mellon US Large Cap Core Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Atria Wealth Solutions Inc. lifted its position in BNY Mellon US Large Cap Core Equity ETF by 1.2% during the second quarter. Atria Wealth Solutions Inc. now owns 9,575 shares of the company’s stock valued at $994,000 after buying an additional 115 shares in the last quarter. Wealth Forward LLC lifted its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 1.2% during the 1st quarter. Wealth Forward LLC now owns 11,912 shares of the company’s stock valued at $1,189,000 after acquiring an additional 147 shares in the last quarter. Pinnacle Wealth Management LLC lifted its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 3.6% during the 2nd quarter. Pinnacle Wealth Management LLC now owns 5,818 shares of the company’s stock valued at $604,000 after acquiring an additional 201 shares in the last quarter. Clear Point Advisors Inc. boosted its position in BNY Mellon US Large Cap Core Equity ETF by 33.9% during the 2nd quarter. Clear Point Advisors Inc. now owns 1,981 shares of the company’s stock worth $206,000 after purchasing an additional 502 shares during the period. Finally, WealthCare Investment Partners LLC increased its holdings in BNY Mellon US Large Cap Core Equity ETF by 32.7% in the 2nd quarter. WealthCare Investment Partners LLC now owns 2,812 shares of the company’s stock valued at $292,000 after purchasing an additional 693 shares in the last quarter.

About BNY Mellon US Large Cap Core Equity ETF

The BNY Mellon US Large Cap Core Equity ETF (BKLC) is an exchange-traded fund that is based on the Morningstar U.S. Large Cap index, a market-cap-weighted index of large-cap stocks that represent the top 70% of the US equity market, in terms of capitalization. BKLC was launched on Apr 9, 2020 and is managed by BNY Mellon.