Pre-Market Technical Recap on Asset Management Stocks — Bank of New York Mellon, Blackstone, Invesco, and KKR & Co.

NEW YORK, Nov. 20, 2017

If you want a Stock Review on BK, BX, IVZ, or KKR then come over to and sign up for your free customized report. The Asset Management industry is an integral component of the global Financial Services sector. The universe of firms offering asset management services is varied and ranges from “pure play” independent asset managers to diversified commercial banks, insurance companies, and brokerages, all offering asset management services in addition to complementary and unrelated business lines. This morning, has issued research reports on: The Bank of New York Mellon Corp. (NYSE: BK), The Blackstone Group L.P. (NYSE: BX), Invesco Ltd (NYSE: IVZ), and KKR & Co. L.P. (NYSE: KKR). Daily Stock Tracker provides great insights on these stocks in its free research reports at:

Bank of New York Mellon

Shares in New York headquartered The Bank of New York Mellon Corp. ended Friday's session 0.46% higher at $52.47. A total volume of 4.34 million shares was traded, which was above their three months average volume of 3.85 million shares. The stock has advanced 0.54% over the previous three months and 10.74% on an YTD basis. The Company's shares are trading 4.97% above their 200-day moving average. Moreover, shares of the Company, which provides financial products and services to institutions, corporations, and high net worth individuals in the US and internationally, have a Relative Strength Index (RSI) of 55.98. 

On November 14th, 2017, Bank of New York Mellon announced that it has originated the Financial industry's first-ever payment on The Clearing House's Real-Time Payments (RTP) network, which launched that day. RTP is the first new core US payments infrastructure since the ACH network was introduced in 1974. Other banks are now joining in a broader consortium that will soon begin processing RTP transactions. Free research report on BK is available at:

Blackstone Group

New York-based Blackstone Group's shares climbed 0.67%, closing the day at $31.78. A total volume of 2.48 million shares was traded. The stock has advanced 1.34% in the previous three months and 17.57% on an YTD basis. The Company's shares are trading 0.29% below their 200-day moving average. Additionally, shares of Blackstone Group, which provides financial advisory services to its clients, have an RSI of 40.51.  

On November 08th, 2017, Blackstone Group and Ivanhoé Cambridge, a real estate subsidiary of Caisse de dépôt et placement du Québec, announced plans to implement the largest, private, multi-family residential rooftop solar project in the United States. The project will be run by StuyTown Property Services, the property management company of Stuyvesant Town and Peter Cooper Village. This 3.8-megawatt, solar energy system will span across the property's 22 acres of rooftops. The complimentary research report on BX can be downloaded at:


Last Friday, shares in Atlanta, Georgia-based Invesco Ltd gained 1.19%, closing the session at $34.98. The stock recorded a trading volume of 2.90 million shares, which was higher than its three months average volume of 2.36 million shares. The Company's shares have advanced 6.39% over the previous three months and 15.29% on an YTD basis. The stock is trading 4.49% above its 200-day moving average. Furthermore, shares of Invesco have an RSI of 44.57. 

On November 09th, 2017, Invesco announced that it was honored with 11 awards at the 2017 Lipper Fund Awards, presented on November 08th, 2017 in Toronto. The awards recognize the Company's breadth of offerings and geographically diverse investment expertise. Visit today and access our complete research report on IVZ at:

KKR & Co.

New York-based KKR & Co. L.P.'s stock finished the session 0.05% higher at $19.56 with a total trading volume of 1.26 million shares. The Company's shares have advanced 7.83% over the previous three months and 27.10% on YTD basis. The stock is trading above its 200-day moving average by 4.21%. Additionally, shares of KKR & Co., which specializes in direct and fund of fund investments in fintech sector, have an RSI of 45.33.  

On November 08th, 2017, KKR & Co. and Continuum Partners announced that Anadarko Petroleum Corp., one of the world's largest independent oil and natural gas exploration and production companies, has selected Westridge Commons as the site for its new regional office. Westridge Commons, a joint venture between KKR and Continuum Partners, is a new, 38-acre, mixed-use development in Midland, Texas, that will offer a variety of retail and residential properties. Get free access to your research report on KKR at:

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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