Northwestern Mutual Wealth Management Co. Invests $427,000 in BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC)

Northwestern Mutual Wealth Management Co. bought a new stake in BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 4,527 shares of the company’s stock, valued at approximately $427,000. Northwestern Mutual Wealth Management Co. owned about 0.09% of BNY Mellon US Mid Cap Core Equity ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. PNC Financial Services Group Inc. acquired a new position in BNY Mellon US Mid Cap Core Equity ETF in the fourth quarter valued at $73,000. Geneos Wealth Management Inc. increased its position in BNY Mellon US Mid Cap Core Equity ETF by 12.4% during the first quarter. Geneos Wealth Management Inc. now owns 26,453 shares of the company’s stock worth $2,621,000 after buying an additional 2,924 shares during the period. Key Financial Inc purchased a new stake in BNY Mellon US Mid Cap Core Equity ETF in the second quarter valued at approximately $93,000. Diversify Advisory Services LLC acquired a new stake in shares of BNY Mellon US Mid Cap Core Equity ETF in the first quarter valued at approximately $16,386,000. Finally, Diversify Wealth Management LLC purchased a new position in shares of BNY Mellon US Mid Cap Core Equity ETF during the second quarter worth approximately $13,617,000.

BNY Mellon US Mid Cap Core Equity ETF Price Performance

Shares of BNY Mellon US Mid Cap Core Equity ETF stock opened at $100.98 on Wednesday. The firm’s fifty day simple moving average is $98.13 and its 200-day simple moving average is $96.14. BNY Mellon US Mid Cap Core Equity ETF has a 12 month low of $74.82 and a 12 month high of $102.50. The stock has a market capitalization of $495.81 million, a price-to-earnings ratio of 19.21 and a beta of 1.05.

BNY Mellon US Mid Cap Core Equity ETF Profile

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.