BNY Mellon International Equity ETF (NYSEARCA:BKIE) Hits New 1-Year High – Time to Buy?

Shares of BNY Mellon International Equity ETF (NYSEARCA:BKIE) hit a new 52-week high during trading on Monday . The stock traded as high as $101.99 and last traded at $101.66, with a volume of 6724 shares. The stock had previously closed at $100.53.

BNY Mellon International Equity ETF Trading Up 0.7%

The company’s fifty day moving average is $98.28 and its two-hundred day moving average is $96.21. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 16.44 and a beta of 0.79.

Institutional Investors Weigh In On BNY Mellon International Equity ETF

A number of institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in shares of BNY Mellon International Equity ETF by 109.0% during the first quarter. NewEdge Advisors LLC now owns 30,639 shares of the company’s stock worth $2,863,000 after purchasing an additional 15,978 shares in the last quarter. Bank of America Corp DE increased its stake in BNY Mellon International Equity ETF by 225.9% during the 1st quarter. Bank of America Corp DE now owns 65,405 shares of the company’s stock worth $6,111,000 after buying an additional 45,335 shares during the period. Royal Bank of Canada increased its stake in BNY Mellon International Equity ETF by 2.4% during the 1st quarter. Royal Bank of Canada now owns 4,776 shares of the company’s stock worth $446,000 after buying an additional 114 shares during the period. Independent Financial Group LLC acquired a new stake in BNY Mellon International Equity ETF during the 1st quarter worth approximately $2,733,000. Finally, Private Advisor Group LLC lifted its holdings in BNY Mellon International Equity ETF by 61.3% during the 1st quarter. Private Advisor Group LLC now owns 9,757 shares of the company’s stock worth $912,000 after buying an additional 3,707 shares in the last quarter.

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.