Launched on April 9, 2020, the BNY Mellon US Mid Cap Core Equity ETF (BKMC) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Blend segment of the US equity market.
Looking for broad exposure to the Mid Cap Blend segment of the US equity market? You should consider the BNY Mellon US Mid Cap Core Equity ETF (BKMC), a passively managed exchange traded fund launched on April 9, 2020.
The BNY Mellon US Mid Cap Core Equity ETF (BKMC) was launched on April 9, 2020, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Blend segment of the US equity market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 3,498 | $318,460.31 | $423,048.12 | $104,587.81 | 32.84% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 18 | $1,721.16 | $2,169.9 | $448.74 | 26.07% |
| LR Lisa Rolon Fifth Third Wealth Advisors LLC | 2,084 | $226,147 | $251,384.58 | $25,237.58 | 11.16% |
| WF William Frye RPOA Advisors Inc. | 1.79M | $167.68M | $217.18M | $49.5M | 29.52% |
| MV Moises Valladares Insigneo Advisory Services LLC | 4,958 | $540,099.59 | $602,595.32 | $62,495.73 | 11.57% |
| ARCA Exchange | US Country |
The fund described focuses on investments in medium-capitalization U.S. companies, employing a strategy that invests at least 80% of its net assets, in addition to any borrowings for investment purposes, in a mix of equity securities, Exchange-Traded Funds (ETFs) that provide exposure to such securities, and derivatives that mimic the economic characteristics of these securities. This investment approach targets a specific segment of the market, aiming to capitalize on the growth potential of mid-cap companies. The guiding benchmark for these investments is a free float market capitalization weighted index, which seeks to measure the performance of 400 mid-capitalization companies listed on U.S. stock exchanges. It's important to note that this fund is non-diversified, meaning it may invest a larger portion of its assets in fewer securities, potentially increasing risk and return volatility.
These are stocks of publicly traded U.S. companies with medium market capitalization. The fund focuses on investing in these types of securities, aiming to leverage the growth potential and financial performance of these mid-sized companies.
Exchange-Traded Funds (ETFs) that target medium-capitalization U.S. companies are also a key investment for the fund. These ETFs offer diversified exposure to a portfolio of mid-cap stocks, helping to spread risk while capitalizing on the sector's potential for growth.
Derivatives, such as futures, options, and swaps, are financial instruments that derive their value from an underlying asset. The fund utilizes derivatives that have economic characteristics similar to equity securities of medium-capitalization U.S. companies, allowing for flexible investment strategies and potentially enhancing returns.