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Exchange-traded funds (ETFs) have been around for over three decades. Objectively, they've come way farther than investors and advisors ever expected back at launch.

NEW YORK--(BUSINESS WIRE)--BNY Mellon ETF Investment Adviser, LLC today announced that five of their ETFs will undergo forward share splits at a ratio of 3-for-1. A forward share split increases an ETF's number of shares outstanding while decreasing its Net Asset Value ("NAV") per share accordingly. The total value of a shareholder's investment will remain unchanged.

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC - Get Free Report) 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

If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the BNY Mellon US Large Cap Core Equity ETF (BKLC), a passively managed exchange traded fund launched on April 9, 2020.

Elevation Capital Advisory LLC acquired a new position in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 14,312 shares of the company's stock, valued at approximately $1,872,000.
