Short Interest in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Expands By 91.6%

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) was the target of a large increase in short interest in April. As of April 15th, there was short interest totaling 89,740 shares, an increase of 91.6% from the March 31st total of 46,844 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 719,566 shares, the days-to-cover ratio is presently 0.1 days.

BNY Mellon US Large Cap Core Equity ETF Price Performance

BKLC opened at $136.63 on Monday. The firm has a market cap of $5.41 billion, a PE ratio of 25.44 and a beta of 1.02. The business has a fifty day simple moving average of $129.48 and a 200-day simple moving average of $130.25. BNY Mellon US Large Cap Core Equity ETF has a fifty-two week low of $103.48 and a fifty-two week high of $136.74.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC boosted its holdings in shares of BNY Mellon US Large Cap Core Equity ETF by 6.0% in the third quarter. Integrated Wealth Concepts LLC now owns 2,573,361 shares of the company’s stock worth $330,368,000 after buying an additional 145,916 shares during the period. Main Management Fund Advisors LLC lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 3.1% in the 4th quarter. Main Management Fund Advisors LLC now owns 1,028,900 shares of the company’s stock valued at $134,580,000 after acquiring an additional 30,990 shares in the last quarter. Sentinel Pension Advisors LLC lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 13.3% in the 4th quarter. Sentinel Pension Advisors LLC now owns 965,595 shares of the company’s stock valued at $126,300,000 after acquiring an additional 113,587 shares in the last quarter. Tidal Investments LLC lifted its position in shares of BNY Mellon US Large Cap Core Equity ETF by 22.0% in the 3rd quarter. Tidal Investments LLC now owns 675,429 shares of the company’s stock valued at $86,490,000 after acquiring an additional 121,683 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in BNY Mellon US Large Cap Core Equity ETF by 77.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 648,631 shares of the company’s stock worth $85,283,000 after purchasing an additional 284,120 shares in the last quarter.

About BNY Mellon US Large Cap Core Equity ETF

The BNY Mellon US Large Cap Core Equity ETF (BKLC) is an exchange-traded fund that is based on the Morningstar U.S. Large Cap index, a market-cap-weighted index of large-cap stocks that represent the top 70% of the US equity market, in terms of capitalization. BKLC was launched on Apr 9, 2020 and is managed by BNY Mellon.