Envestnet Asset Management Inc. Makes New $876,000 Investment in BNY Mellon Emerging Markets Equity ETF (NYSEARCA:BKEM)

Envestnet Asset Management Inc. acquired a new stake in shares of BNY Mellon Emerging Markets Equity ETF (NYSEARCA:BKEM) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,907 shares of the company’s stock, valued at approximately $876,000. Envestnet Asset Management Inc. owned 0.88% of BNY Mellon Emerging Markets Equity ETF at the end of the most recent reporting period.

Separately, Bank of New York Mellon Corp raised its holdings in BNY Mellon Emerging Markets Equity ETF by 496.4% during the 4th quarter. Bank of New York Mellon Corp now owns 424,673 shares of the company’s stock valued at $24,955,000 after buying an additional 353,471 shares during the period.

BNY Mellon Emerging Markets Equity ETF Stock Down 0.0 %

Shares of BKEM opened at $60.19 on Friday. BNY Mellon Emerging Markets Equity ETF has a 52-week low of $52.26 and a 52-week high of $68.19. The company has a market cap of $90.29 million, a PE ratio of 13.34 and a beta of 0.59. The business has a fifty day moving average of $59.73 and a 200 day moving average of $60.25.

BNY Mellon Emerging Markets Equity ETF Company Profile

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.