Large Inflow of Money Witnessed in Bank Of New York Mellon Corporation (The)

Bank Of New York Mellon Corporation (The) (NYSE:BK) dropped slightly amid mild profit booking and the last known price was $40.4 per share. The price decreased by -0.02 points or -0.05% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $6.34 million. The total upticks were valued at $14.57 million and the total downticks aggregated to $8.24 million, thereby putting the up/down ratio at 1.77,. The shares have seen a change in the share price of 0.85% on a weekly basis.In a big block trade which occurred today, the total uptick value was $5.69 million and the total downtick value was $0, resulting in an up/down ratio of 0. The net money flow for the block trade was calculated to be $5.69 million.


The stock has recorded a 20-day Moving Average of 2.38% and the 50-Day Moving Average is 0.36%. The company shares have dropped 7.42% in the past 52 Weeks. On August 10, 2015 The shares registered one year high of $45.45 and one year low was seen on February 11, 2016 at $32.2. The 50-day moving average is $40.82 and the 200 day moving average is recorded at $38.53. S&P 500 has rallied 1.93% during the last 52-weeks.

Bank Of New York Mellon Corporation (The) (NYSE:BK): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $40.69 and $40.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.69. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.44, notching a gain of 0.05% for the day. The total traded volume was 3,700,888 . The stock had closed at $40.42 on the previous day.

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.

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.

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