(BKSE) BNY Mellon Trust - BNY - Ratings and Ratios

The BNY Mellon US Small Cap Core Equity ETF (BKSE) is designed to track the performance of small-capitalization U.S. companies, offering exposure to a diverse range of sectors. Under normal market conditions, the fund allocates at least 80% of its net assets to equity securities of small-cap U.S. companies, ETFs that provide exposure to such securities, and derivatives that replicate the economic characteristics of small-cap equities. The underlying index is a free-float market capitalization-weighted index comprising 600 small-cap companies listed on U.S. stock exchanges, providing a broad representation of the small-cap universe. As a non-diversified fund, it may invest a significant portion of its assets in a limited number of issuers, which can increase volatility.

From a technical perspective, BKSE is currently trading below its 20-day and 50-day simple moving averages (SMA), which are at 101.51 and 102.10, respectively, while its 200-day SMA stands at 99.24. This indicates a recent downtrend in price action relative to its short-term and medium-term averages. The Average True Range (ATR) of 1.25 suggests moderate volatility. Based on these metrics, the funds price may face resistance near its 50-day SMA and could potentially test its 200-day SMA as support in the coming months. On the fundamental side, the funds assets under management (AUM) of $124.39 million indicate a moderate scale of operations, which is typical for a small-cap ETF. This level of AUM suggests manageable liquidity and operational efficiency. Over the next three months, BKSE is likely to remain sensitive to broader market conditions, particularly as small-cap equities tend to be more volatile than their large-cap counterparts.