Zhang Financial LLC Has $244,000 Stock Position in BNY Mellon Emerging Markets Equity ETF (NYSEARCA:BKEM)

Zhang Financial LLC trimmed its position in BNY Mellon Emerging Markets Equity ETF (NYSEARCA:BKEM) by 43.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,347 shares of the company’s stock after selling 3,291 shares during the quarter. Zhang Financial LLC owned approximately 0.26% of BNY Mellon Emerging Markets Equity ETF worth $244,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new stake in BNY Mellon Emerging Markets Equity ETF in the fourth quarter worth about $34,000. UBS Group AG acquired a new position in shares of BNY Mellon Emerging Markets Equity ETF during the 4th quarter worth about $40,000. Advisor Group Holdings Inc. grew its position in shares of BNY Mellon Emerging Markets Equity ETF by 37.0% during the 1st quarter. Advisor Group Holdings Inc. now owns 4,343 shares of the company’s stock worth $274,000 after buying an additional 1,172 shares during the period. Jane Street Group LLC acquired a new position in shares of BNY Mellon Emerging Markets Equity ETF during the 1st quarter worth about $398,000. Finally, Integrated Wealth Concepts LLC grew its position in shares of BNY Mellon Emerging Markets Equity ETF by 3.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 259,421 shares of the company’s stock worth $13,776,000 after buying an additional 8,693 shares during the period.

BNY Mellon Emerging Markets Equity ETF Trading Down 0.4 %

BNY Mellon Emerging Markets Equity ETF stock opened at $55.71 on Friday. The firm has a market capitalization of $94.70 million, a P/E ratio of 10.99 and a beta of 0.87. BNY Mellon Emerging Markets Equity ETF has a 1 year low of $50.46 and a 1 year high of $58.64. The business has a 50-day moving average of $56.90 and a 200-day moving average of $54.89.

BNY Mellon Emerging Markets Equity ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1965 per share. The ex-dividend date was Monday, April 1st.

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.