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In trading on Thursday, shares of Bank of New York Mellon Corp (NYSE:BK) crossed below their 200 day moving average of $28.21, changing hands as low as $28.09 per share. Bank of New York Mellon Corp shares are currently trading down about 0.7% on the day. The chart below shows the one year performance of BK shares, versus its 200 day moving average:
Looking at the chart above, BK's low point in its 52 week range is $23.78 per share, with $32.50 as the 52 week high point — that compares with a last trade of $28.14.
According to the ETF Finder at ETF Channel, BK makes up 4.84% of the Regional Bank HOLDRS ETF (AMEX:RKH) which is trading lower by about 1.3% on the day Thursday.
BK operates in the Banking & Savings sector, among companies like State Street Corp. (NYSE:STT) which is down about 2.4% today, and Banco Macro S.A. (NYSE:BMA) trading lower by about 1.7%. Below is a three month price history chart comparing the stock performance of BK, versus STT and BMA.
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