Fifth Third Bancorp Purchases New Position in BNY Mellon Global Infrastructure Income ETF $BKGI

Fifth Third Bancorp bought a new stake in shares of BNY Mellon Global Infrastructure Income ETF (BATS:BKGI) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 60,428 shares of the company’s stock, valued at approximately $2,691,000. Fifth Third Bancorp owned 1.26% of BNY Mellon Global Infrastructure Income ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Morgan Stanley grew its stake in BNY Mellon Global Infrastructure Income ETF by 279.9% during the fourth quarter. Morgan Stanley now owns 1,651,431 shares of the company’s stock valued at $66,619,000 after acquiring an additional 1,216,772 shares in the last quarter. Royal Bank of Canada boosted its holdings in BNY Mellon Global Infrastructure Income ETF by 2,378.6% in the 4th quarter. Royal Bank of Canada now owns 736,563 shares of the company’s stock valued at $29,714,000 after purchasing an additional 706,846 shares during the period. LPL Financial LLC grew its position in shares of BNY Mellon Global Infrastructure Income ETF by 34.0% during the 4th quarter. LPL Financial LLC now owns 1,078,957 shares of the company’s stock valued at $43,525,000 after purchasing an additional 273,812 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of BNY Mellon Global Infrastructure Income ETF during the 3rd quarter valued at $10,247,000. Finally, Private Advisor Group LLC increased its holdings in shares of BNY Mellon Global Infrastructure Income ETF by 155.9% in the first quarter. Private Advisor Group LLC now owns 190,859 shares of the company’s stock worth $8,501,000 after purchasing an additional 116,273 shares during the period.

BNY Mellon Global Infrastructure Income ETF Stock Down 0.7%

BNY Mellon Global Infrastructure Income ETF stock opened at $45.36 on Tuesday. The stock has a market cap of $217.73 million, a price-to-earnings ratio of 14.74 and a beta of 0.60. The business has a 50-day simple moving average of $45.34 and a 200 day simple moving average of $44.35. BNY Mellon Global Infrastructure Income ETF has a 52 week low of $37.50 and a 52 week high of $46.84.

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.