347,527 Shares in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp acquired a new position in BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 347,527 shares of the company’s stock, valued at approximately $11,979,000. Bank of New York Mellon Corp owned about 13.63% of BNY Mellon Global Infrastructure Income ETF as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC boosted its position in BNY Mellon Global Infrastructure Income ETF by 634.5% during the fourth quarter. LPL Financial LLC now owns 69,443 shares of the company’s stock valued at $2,094,000 after acquiring an additional 59,988 shares during the last quarter. Jane Street Group LLC bought a new stake in BNY Mellon Global Infrastructure Income ETF during the fourth quarter valued at $236,000. Virtu Financial LLC bought a new stake in BNY Mellon Global Infrastructure Income ETF during the fourth quarter valued at $1,622,000. Community Bank N.A. boosted its position in BNY Mellon Global Infrastructure Income ETF by 59.3% during the first quarter. Community Bank N.A. now owns 69,207 shares of the company’s stock valued at $2,386,000 after acquiring an additional 25,761 shares during the last quarter. Finally, Smith Moore & CO. bought a new stake in BNY Mellon Global Infrastructure Income ETF during the fourth quarter valued at $257,000.

BNY Mellon Global Infrastructure Income ETF Trading Up 6.8%

Shares of BKGI opened at $38.62 on Monday. The firm’s fifty day simple moving average is $37.99 and its two-hundred day simple moving average is $34.84. BNY Mellon Global Infrastructure Income ETF has a 12 month low of $29.16 and a 12 month high of $39.30. The stock has a market capitalization of $185.35 million, a P/E ratio of 14.74 and a beta of 0.60.

BNY Mellon Global Infrastructure Income ETF Profile

The Bny Mellon Global Infrastructure Income ETF (BKGI) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund is an actively managed fund of global dividend-paying companies involved in the infrastructure industry. BKGI was launched on Nov 2, 2022 and is managed by BNY Mellon.