Bank of New York Mellon Corp Has $24.72 Million Stock Holdings in BNY Mellon Emerging Markets Equity ETF (NYSEARCA:BKEM)

Bank of New York Mellon Corp trimmed its position in shares of BNY Mellon Emerging Markets Equity ETF (NYSEARCA:BKEM) by 4.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 406,692 shares of the company’s stock after selling 17,981 shares during the quarter. Bank of New York Mellon Corp owned approximately 27.11% of BNY Mellon Emerging Markets Equity ETF worth $24,722,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of BKEM. Bessemer Group Inc. bought a new position in shares of BNY Mellon Emerging Markets Equity ETF during the fourth quarter worth $53,000. Cetera Investment Advisers acquired a new position in shares of BNY Mellon Emerging Markets Equity ETF during the 4th quarter worth about $804,000. Envestnet Asset Management Inc. bought a new stake in shares of BNY Mellon Emerging Markets Equity ETF during the 4th quarter worth about $876,000. Finally, RPOA Advisors Inc. boosted its holdings in shares of BNY Mellon Emerging Markets Equity ETF by 3.2% during the 1st quarter. RPOA Advisors Inc. now owns 1,273,972 shares of the company’s stock worth $77,443,000 after buying an additional 39,917 shares during the period.

BNY Mellon Emerging Markets Equity ETF Stock Up 0.3%

NYSEARCA BKEM opened at $67.42 on Thursday. The firm has a 50-day moving average price of $64.94 and a two-hundred day moving average price of $61.62. The company has a market capitalization of $141.58 million, a P/E ratio of 14.60 and a beta of 0.60. BNY Mellon Emerging Markets Equity ETF has a 12-month low of $52.26 and a 12-month high of $68.19.

BNY Mellon Emerging Markets Equity ETF 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.