Principal Securities Inc. Purchases New Shares in BNY Mellon Emerging Markets Equity ETF (NYSEARCA:BKEM)

Principal Securities Inc. purchased a new stake in BNY Mellon Emerging Markets Equity ETF (NYSEARCA:BKEM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,456 shares of the company’s stock, valued at approximately $82,000. Principal Securities Inc. owned about 0.09% of BNY Mellon Emerging Markets Equity ETF at the end of the most recent quarter.

Separately, Blue Trust Inc. purchased a new stake in BNY Mellon Emerging Markets Equity ETF in the 4th quarter valued at $34,000.

BNY Mellon Emerging Markets Equity ETF Trading Down 0.3 %

NYSEARCA BKEM opened at $60.08 on Thursday. The firm has a market capitalization of $102.14 million, a P/E ratio of 11.56 and a beta of 0.87. The business has a fifty day simple moving average of $57.91 and a 200 day simple moving average of $56.00. BNY Mellon Emerging Markets Equity ETF has a 12 month low of $50.46 and a 12 month high of $61.00.

BNY Mellon Emerging Markets Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a $0.1965 dividend. The ex-dividend date was Monday, April 1st.

About BNY Mellon Emerging Markets Equity ETF

The BNY Mellon Emerging Markets Equity ETF (BKEM) is an exchange-traded fund that mostly invests in large cap equity. The fund is a passively managed fund with emerging market exposure to broad large-cap stocks, selected and weighted by market cap. BKEM was launched on Apr 24, 2020 and is managed by BNY Mellon.