Royal Bank of Canada Purchases Shares of 51,110 Neuberger Berman Small-Mid Cap ETF $NBSM

Royal Bank of Canada acquired a new stake in Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 51,110 shares of the company’s stock, valued at approximately $1,288,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Barnes Pettey Financial Advisors LLC lifted its stake in Neuberger Berman Small-Mid Cap ETF by 9.4% in the first quarter. Barnes Pettey Financial Advisors LLC now owns 10,350 shares of the company’s stock worth $261,000 after acquiring an additional 889 shares during the last quarter. Stage Harbor Financial LLC acquired a new stake in shares of Neuberger Berman Small-Mid Cap ETF in the 4th quarter valued at $5,610,000. HighTower Advisors LLC raised its holdings in shares of Neuberger Berman Small-Mid Cap ETF by 43.4% in the 4th quarter. HighTower Advisors LLC now owns 44,171 shares of the company’s stock valued at $1,115,000 after purchasing an additional 13,377 shares in the last quarter. Broadway Wealth Solutions Inc. raised its holdings in shares of Neuberger Berman Small-Mid Cap ETF by 52.3% in the 4th quarter. Broadway Wealth Solutions Inc. now owns 114,302 shares of the company’s stock valued at $2,885,000 after purchasing an additional 39,233 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its position in shares of Neuberger Berman Small-Mid Cap ETF by 77.5% during the 3rd quarter. Susquehanna International Group LLP now owns 17,805 shares of the company’s stock worth $451,000 after purchasing an additional 7,776 shares during the last quarter.

Neuberger Berman Small-Mid Cap ETF Price Performance

NYSEARCA:NBSM opened at $29.31 on Friday. Neuberger Berman Small-Mid Cap ETF has a 12 month low of $24.31 and a 12 month high of $29.61. The firm has a market capitalization of $118.71 million, a PE ratio of 26.86 and a beta of 0.77. The business’s fifty day moving average price is $28.42 and its 200 day moving average price is $27.11.

Neuberger Berman Small-Mid Cap ETF Company Profile

The Neuberger Berman Small-Mid Cap ETF (NBSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, focusing on capital appreciation through investments in small- and mid-cap companies aligned with the Russell 2000 and Midcap Index. NBSM was launched on Mar 20, 2024 and is issued by Neuberger Berman.