BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sees Unusually-High Trading Volume – Here’s Why

BNY Mellon International Equity ETF (NYSEARCA:BKIE) shares saw unusually-high trading volume on Tuesday . Approximately 117,954 shares traded hands during trading, an increase of 299% from the previous session’s volume of 29,536 shares.The stock last traded at $76.18 and had previously closed at $76.75.

BNY Mellon International Equity ETF Trading Down 0.6 %

The company has a market cap of $655.92 million, a PE ratio of 14.45 and a beta of 0.85. The firm’s fifty day moving average is $77.51 and its 200 day moving average is $75.54.

Hedge Funds Weigh In On BNY Mellon International Equity ETF

Several institutional investors have recently bought and sold shares of the company. Mather Group LLC. acquired a new position in BNY Mellon International Equity ETF in the 2nd quarter valued at about $26,000. Commonwealth Equity Services LLC purchased a new position in BNY Mellon International Equity ETF in the 2nd quarter valued at about $213,000. Rodgers & Associates LTD purchased a new position in shares of BNY Mellon International Equity ETF during the 1st quarter worth $216,000. Marcum Wealth LLC acquired a new stake in shares of BNY Mellon International Equity ETF in the second quarter worth approximately $255,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in BNY Mellon International Equity ETF by 2,315.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,400 shares of the company’s stock valued at $476,000 after acquiring an additional 6,135 shares during the period.

About BNY Mellon International Equity ETF

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.