Bank Of New York Mellon Corporation (The) (BK) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($8.02 million) and the uptick to downtick ratio was 0.57. The transaction value on upticks was $10.8 million and on downticks, the transaction value was $18.81 million. The transaction value of block trades during downticks was $7.73 million. The money flow was negative ($7.73 million), indicating the traders were booking profit on the price strength. Bank Of New York Mellon Corporation (The) (BK) rose $0.43 at $40.16, during intraday Monday , a rise of 1.08% over the previous days close.
The Bank of New York Mellon Corporation has dropped 1.06% in the last five trading days, however, the shares have posted positive gains of 1.41% in the last 4 weeks. The Bank of New York Mellon Corporation is up 1.54% in the last 3-month period. Year-to-Date the stock performance stands at -1.22%.
Bank Of New York Mellon Corporation (The) (NYSE:BK): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.98 and $39.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $40.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.16, notching a gain of 1.08% for the day. The total traded volume was 2,239,825 . The stock had closed at $39.73 on the previous day.
In a related news, Hassell Gerald L, director officer (Chairman & CEO) of Bank Of New York Mellon Corp, unloaded 24,598 shares at an average price of $40.76 on May 19, 2016. The total amount of the transaction was worth $1,002,614, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.