Fifth Third Bancorp Purchases Shares of 60,428 BNY Mellon Global Infrastructure Income ETF $BKGI

Fifth Third Bancorp bought a new position in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 60,428 shares of the company’s stock, valued at approximately $2,691,000.

A number of other large investors also recently added to or reduced their stakes in BKGI. Morgan Stanley increased its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 279.9% in the fourth quarter. Morgan Stanley now owns 1,651,431 shares of the company’s stock worth $66,619,000 after buying an additional 1,216,772 shares during the period. Royal Bank of Canada boosted its holdings in BNY Mellon Global Infrastructure Income ETF by 2,378.6% during the 4th quarter. Royal Bank of Canada now owns 736,563 shares of the company’s stock valued at $29,714,000 after acquiring an additional 706,846 shares during the period. LPL Financial LLC boosted its holdings in BNY Mellon Global Infrastructure Income ETF by 34.0% during the 4th quarter. LPL Financial LLC now owns 1,078,957 shares of the company’s stock valued at $43,525,000 after acquiring an additional 273,812 shares during the period. Raymond James Financial Inc. bought a new position in BNY Mellon Global Infrastructure Income ETF during the 3rd quarter worth approximately $10,247,000. Finally, Private Advisor Group LLC grew its position in BNY Mellon Global Infrastructure Income ETF by 155.9% during the 1st quarter. Private Advisor Group LLC now owns 190,859 shares of the company’s stock worth $8,501,000 after acquiring an additional 116,273 shares during the last quarter.

BNY Mellon Global Infrastructure Income ETF Stock Performance

Shares of BNY Mellon Global Infrastructure Income ETF stock opened at $45.36 on Tuesday. The company’s 50 day moving average price is $45.34 and its 200-day moving average price is $44.35. BNY Mellon Global Infrastructure Income ETF has a 52-week low of $37.50 and a 52-week high of $46.84. The stock has a market capitalization of $217.73 million, a price-to-earnings ratio of 14.74 and a beta of 0.60.

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.