BNY Mellon US Mid Cap Core Equity ETF
BKMC
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 240 Greenwich Street New York NY United States of America 10286
- IPO Date
- Apr 14, 2020
- CIK
- 0001493580
- Website
- bny.com
- Similar Companies
- Business
- BNY Mellon US Mid Cap Core Equity ETF (BKMC) is a passively managed exchange-traded fund that seeks to match the performance of the Solactive GBS United States 400 Index TR, providing investors with broad exposure to approximately 406 mid-capitalization U.S. equities across sectors including industrials, financials, and consumer discretionary; top holdings include SanDisk Corp (0.77%), Lumentum Holdings Inc (0.60%), and Coherent Corp (0.60%). Launched on April 9, 2020, and issued by BNY Mellon ETF Trust, the fund employs a low-cost index strategy with a net expense ratio of 0.04%, quarterly dividend distributions yielding 1.41% (TTM), and assets under management of approximately $604 million as of late 2025; it is managed by a team from Mellon Investments Corporation including David France, CFA, Todd Frysinger, CFA, Vlasta Sheremeta, CFA, Michael Stoll, and Marlene Walker Smith. The ETF trades on NYSE Arca with high liquidity, a beta of 1.06, and a focus on free-float market capitalization weighting for its constituents selected from the largest 400 U.S. mid-cap companies. In recent developments, parent sponsor The Bank of New York Mellon Corporation completed the acquisition of Archer Holdco, LLC in October 2024 to enhance managed account solutions and distribution capabilities for ETF products like BKMC, while approaching Northern Trust in mid-2025 for a potential merger to scale asset servicing operations amid industry consolidation. No specific product launches, funding rounds, or reorganizations directly impacted BKMC in the last 1-2 years, though BNY Mellon continues to expand its broader ETF suite and leverage AI-driven efficiencies across investment management. The fund primarily serves U.S. institutional, intermediary, and individual investors targeting mid-cap blend exposure, with operations domiciled in the United States and headquarters aligned to BNY Mellon's New York base.