BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Sees Unusually-High Trading Volume – Here’s Why

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) saw unusually-strong trading volume on Monday . Approximately 391,977 shares were traded during trading, an increase of 343% from the previous session’s volume of 88,531 shares.The stock last traded at $112.93 and had previously closed at $113.82.

BNY Mellon US Large Cap Core Equity ETF Stock Performance

The company has a market cap of $2.67 billion, a P/E ratio of 27.03 and a beta of 1.02. The firm’s fifty day moving average is $113.40 and its two-hundred day moving average is $108.39.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its holdings in BNY Mellon US Large Cap Core Equity ETF by 111.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,545 shares of the company’s stock valued at $169,000 after buying an additional 813 shares in the last quarter. Clear Point Advisors Inc. raised its position in BNY Mellon US Large Cap Core Equity ETF by 33.9% in 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. Fiducient Advisors LLC bought a new stake in BNY Mellon US Large Cap Core Equity ETF in the second quarter worth about $259,000. FMR LLC grew its stake in shares of BNY Mellon US Large Cap Core Equity ETF by 13.8% during the third quarter. FMR LLC now owns 4,022 shares of the company’s stock valued at $441,000 after buying an additional 487 shares during the last quarter. Finally, Aptus Capital Advisors LLC raised its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 71.9% in the second quarter. Aptus Capital Advisors LLC now owns 4,302 shares of the company’s stock worth $446,000 after buying an additional 1,800 shares during the period.

BNY Mellon US Large Cap Core Equity ETF Company Profile

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.