Cornerstone Advisors Asset Management LLC Has $936,000 Stock Position in BNY Mellon US Large Cap Core Equity ETF $BKLC

Cornerstone Advisors Asset Management LLC lowered its position in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 47.5% in the first quarter, Holdings Channel.com reports. The institutional investor owned 7,501 shares of the company’s stock after selling 6,799 shares during the period. Cornerstone Advisors Asset Management LLC’s holdings in BNY Mellon US Large Cap Core Equity ETF were worth $936,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BKLC. Ascentis Independent Advisors bought a new position in BNY Mellon US Large Cap Core Equity ETF during the first quarter worth about $25,000. Assetmark Inc. raised its position in shares of BNY Mellon US Large Cap Core Equity ETF by 174.0% during the fourth quarter. Assetmark Inc. now owns 348 shares of the company’s stock worth $46,000 after purchasing an additional 221 shares during the period. Financial Management Professionals Inc. bought a new position in shares of BNY Mellon US Large Cap Core Equity ETF during the 4th quarter valued at about $50,000. CWM LLC lifted its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 812.1% during the 4th quarter. CWM LLC now owns 529 shares of the company’s stock valued at $69,000 after purchasing an additional 471 shares in the last quarter. Finally, Whittier Trust Co. acquired a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the 4th quarter valued at approximately $81,000.

BNY Mellon US Large Cap Core Equity ETF Stock Performance

Shares of BKLC opened at $142.38 on Monday. The firm has a market cap of $5.41 billion, a P/E ratio of 25.44 and a beta of 1.02. BNY Mellon US Large Cap Core Equity ETF has a twelve month low of $118.84 and a twelve month high of $145.83. The firm’s 50 day moving average price is $142.87 and its two-hundred day moving average price is $135.30.

BNY Mellon US Large Cap Core Equity ETF 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.