Neuberger Berman Energy Transition & Infrastructure ETF $NBET Stock Holdings Increased by Royal Bank of Canada

Royal Bank of Canada grew its holdings in shares of Neuberger Berman Energy Transition & Infrastructure ETF (NYSEARCA:NBET) by 362.1% in the first quarter, HoldingsChannel reports. The fund owned 20,146 shares of the company’s stock after buying an additional 15,786 shares during the period. Royal Bank of Canada’s holdings in Neuberger Berman Energy Transition & Infrastructure ETF were worth $828,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Osaic Holdings Inc. grew its stake in shares of Neuberger Berman Energy Transition & Infrastructure ETF by 60.3% in the second quarter. Osaic Holdings Inc. now owns 2,686 shares of the company’s stock worth $88,000 after purchasing an additional 1,010 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Neuberger Berman Energy Transition & Infrastructure ETF during the second quarter valued at about $413,000. Janney Montgomery Scott LLC raised its stake in shares of Neuberger Berman Energy Transition & Infrastructure ETF by 2.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 44,003 shares of the company’s stock valued at $1,440,000 after purchasing an additional 1,099 shares in the last quarter. Finally, Beacon Pointe Advisors LLC raised its stake in shares of Neuberger Berman Energy Transition & Infrastructure ETF by 4.7% during the fourth quarter. Beacon Pointe Advisors LLC now owns 152,047 shares of the company’s stock valued at $4,975,000 after purchasing an additional 6,877 shares in the last quarter.

Neuberger Berman Energy Transition & Infrastructure ETF Stock Down 0.7%

NBET stock opened at $41.83 on Friday. The company has a 50-day simple moving average of $40.05 and a 200 day simple moving average of $39.85. The company has a market capitalization of $48.94 million, a P/E ratio of 19.01 and a beta of 0.76. Neuberger Berman Energy Transition & Infrastructure ETF has a fifty-two week low of $31.34 and a fifty-two week high of $42.50.

Neuberger Berman Energy Transition & Infrastructure ETF Company Profile

The Neuberger Berman Energy Transition & Infrastructure ETF (NBET) is an exchange-traded fund that mostly invests in energy equity. The fund uses a fundamental, bottom-up approach to actively invest in energy transition and infrastructure companies of any size from developed and emerging markets. The fund seeks to provide total return. NBET was launched on Apr 6, 2022 and is issued by Neuberger Berman.