Bank of New York Mellon Corp Sells 38,868 Shares of BNY Mellon Global Infrastructure Income ETF $BKGI

Bank of New York Mellon Corp cut its position in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) by 6.6% in the 1st quarter, Holdings Channel reports. The institutional investor owned 549,525 shares of the company’s stock after selling 38,868 shares during the quarter. Bank of New York Mellon Corp owned 0.11% of BNY Mellon Global Infrastructure Income ETF worth $24,476,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Kestra Advisory Services LLC purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF in the fourth quarter worth $30,000. CIBC Private Wealth Group LLC grew its stake in shares of BNY Mellon Global Infrastructure Income ETF by 516.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 3,084 shares of the company’s stock worth $124,000 after acquiring an additional 2,584 shares during the period. Arkadios Wealth Advisors purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF during the fourth quarter valued at approximately $205,000. Total Clarity Wealth Management Inc. purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF during the first quarter valued at approximately $225,000. Finally, First Trust Advisors LP bought a new position in BNY Mellon Global Infrastructure Income ETF during the third quarter valued at approximately $297,000.

BNY Mellon Global Infrastructure Income ETF Price Performance

Shares of BKGI opened at $45.68 on Tuesday. The firm has a market capitalization of $219.26 million, a P/E ratio of 14.74 and a beta of 0.60. BNY Mellon Global Infrastructure Income ETF has a one year low of $37.50 and a one year high of $46.84. The business has a fifty day moving average of $45.36 and a 200 day moving average of $44.54.

About BNY Mellon Global Infrastructure Income ETF

The Bny Mellon Global Infrastructure Income ETF (BKGI) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund is an actively managed fund of global dividend-paying companies involved in the infrastructure industry. BKGI was launched on Nov 2, 2022 and is managed by BNY Mellon.