Bank of New York Mellon Corp Sells 597,224 Shares of BNY Mellon Concentrated International ETF $BKCI

Bank of New York Mellon Corp reduced its stake in BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) by 45.0% during the first quarter, HoldingsChannel reports. The firm owned 730,112 shares of the company’s stock after selling 597,224 shares during the period. Bank of New York Mellon Corp owned about 0.29% of BNY Mellon Concentrated International ETF worth $36,118,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Orion Porfolio Solutions LLC grew its stake in BNY Mellon Concentrated International ETF by 67.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 207,294 shares of the company’s stock worth $10,288,000 after buying an additional 83,565 shares in the last quarter. Pathway Financial Advisors LLC increased its holdings in shares of BNY Mellon Concentrated International ETF by 10.0% in the 4th quarter. Pathway Financial Advisors LLC now owns 198,707 shares of the company’s stock worth $10,454,000 after buying an additional 17,996 shares during the last quarter. HighTower Advisors LLC raised its position in shares of BNY Mellon Concentrated International ETF by 4.0% during the 4th quarter. HighTower Advisors LLC now owns 156,015 shares of the company’s stock valued at $8,046,000 after buying an additional 5,943 shares in the last quarter. Royal Bank of Canada raised its position in shares of BNY Mellon Concentrated International ETF by 811.8% during the 1st quarter. Royal Bank of Canada now owns 121,601 shares of the company’s stock valued at $5,811,000 after buying an additional 108,264 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of BNY Mellon Concentrated International ETF by 1.2% during the 4th quarter. JPMorgan Chase & Co. now owns 108,931 shares of the company’s stock valued at $5,618,000 after buying an additional 1,338 shares in the last quarter.

BNY Mellon Concentrated International ETF Stock Performance

NYSEARCA BKCI opened at $52.42 on Friday. BNY Mellon Concentrated International ETF has a 52-week low of $47.83 and a 52-week high of $54.30. The company has a fifty day moving average of $53.20 and a 200-day moving average of $52.29. The company has a market capitalization of $131.05 million, a P/E ratio of 23.08 and a beta of 0.85.

BNY Mellon Concentrated International ETF Company Profile

The BNY Mellon Concentrated International ETF (BKCI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund relying heavily on fundamental research to select a narrow basket of stocks, of any market capitalization, from developed markets outside of the US. BKCI was launched on Dec 6, 2021 and is managed by BNY Mellon.