Shares of Bank Of New York Mellon Corporation (The) (NYSE:BK) Sees Large Inflow of Net Money Flow

Bank Of New York Mellon Corporation (The) (NYSE:BK) dropped -0.07% or -0.03 points to trade at $40.13 per share. As per the latest trading data available, the net money flow stood at $21.59 million as the shares received $34.61 million in upticks and gave away $13.02 million in downticks. The final up/down ratio was at 2.66. On a weekly basis, the stock has seen a change of -2.69%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 0. $23.02 million was the inflow in upticks and $0 million was the outflow in downticks. For the block trade, the net money flow was $23.02 million.

The Bank of New York Mellon Corporation has lost 2.86% in the last five trading days and dropped 2.63% in the last 4 weeks. The Bank of New York Mellon Corporation is up 5.45% in the last 3-month period. Year-to-Date the stock performance stands at -1.93%.

Currently the company Insiders own 3.4% of Bank Of New York Mellon Corporation (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.35% . Institutional Investors own 83.2% of Bank Of New York Mellon Corporation (The) shares. During last six month period, the net percent change held by insiders has seen a change of -19.35%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Hassell Gerald L, director officer (Chairman & CEO) of Bank Of New York Mellon Corp, had unloaded 24,598 shares at an average price of $40.76 in a transaction dated on May 19, 2016. The total value of the transaction was worth $1,002,614.

Bank Of New York Mellon Corporation (The) (NYSE:BK) witnessed a decline in the market cap on Friday as its shares dropped 0.25% or 0.1 points. After the session commenced at $40.24, the stock reached the higher end at $40.44 while it hit a low of $39.88. With the volume soaring to 5,470,511 shares, the last trade was called at $40.06. The company has a 52-week high of $45.45. The company has a market cap of $43,148 million and there are 1,077,082,630 shares in outstanding. The 52-week low of the share price is $32.2.

The Bank of New York Mellon Corporation is a provider of financial products and services in domestic and international markets. Through its two principal businesses, Investment Management and Investment Services, it serves institutions, corporations and high net worth individuals. For institutions and corporations, it provides investment management, trust and custody, foreign exchange, fund administration, global collateral services, securities lending, depositary receipts, corporate trust, global payment/cash management, banking services and clearing services. For individuals, it provides mutual funds, separate accounts, wealth management and private banking services. BNY Mellons investment management businesses provide investment products in different asset classes and investment styles. The Company has $28.5 trillion in assets under custody and/or administration and $1.7 trillion in assets under management as of December 31, 2014.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *