BNY Mellon Concentrated Growth ETF (BKCG)
BNY Mellon Concentrated Growth ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $39.64, down 0.21% on the session, giving a market capitalisation of $121.3M. Its beta of 1.00 implies it has historically moved less than the broad market.
The primary objective of this fund is to generate substantial capital appreciation over the long term. It primarily invests in the equities of large, established corporations, which are defined as companies possessing a market capitalization of $5 billion or more at the time of acquisition. The strategy focuses on what the managers identify as "growth" enterprises, characterized by projected revenue expansion exceeding the U.S. gross domestic product and a potential for sustained increases in per-share earnings and/or cash flow. Employing an enduring "buy-and-hold" investment approach, the fund anticipates a low annual portfolio turnover. Its holdings typically consist of 25 to 35 different companies. As a liquid Exchange Traded Fund, it allows investors to purchase or sell shares whenever the market is open.
BNY Mellon Concentrated Growth ETF is most often compared with the following Financial Services names: