Zhang Financial LLC Has $1.22 Million Stake in BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC)

Zhang Financial LLC decreased its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) by 1.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 12,919 shares of the company’s stock after selling 157 shares during the period. Zhang Financial LLC’s holdings in BNY Mellon US Mid Cap Core Equity ETF were worth $1,218,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Principal Securities Inc. acquired a new position in BNY Mellon US Mid Cap Core Equity ETF during the fourth quarter valued at approximately $317,000. PNC Financial Services Group Inc. acquired a new position in BNY Mellon US Mid Cap Core Equity ETF during the fourth quarter valued at approximately $73,000. Geneos Wealth Management Inc. grew its holdings in BNY Mellon US Mid Cap Core Equity ETF by 12.4% during the first quarter. Geneos Wealth Management Inc. now owns 26,453 shares of the company’s stock valued at $2,621,000 after purchasing an additional 2,924 shares during the period. Finally, Diversify Advisory Services LLC acquired a new position in BNY Mellon US Mid Cap Core Equity ETF during the first quarter valued at approximately $16,386,000.

BNY Mellon US Mid Cap Core Equity ETF Stock Up 0.7 %

NYSEARCA BKMC traded up $0.65 during trading on Monday, reaching $97.55. 6,248 shares of the stock traded hands, compared to its average volume of 8,034. The firm has a market cap of $478.97 million, a price-to-earnings ratio of 19.21 and a beta of 1.05. The stock’s 50-day moving average price is $95.06 and its 200 day moving average price is $94.72. BNY Mellon US Mid Cap Core Equity ETF has a fifty-two week low of $74.82 and a fifty-two week high of $100.25.

BNY Mellon US Mid Cap Core Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a $0.3143 dividend. The ex-dividend date was Monday, July 1st.

BNY Mellon US Mid Cap Core Equity ETF Profile

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.