Motco Purchases Shares of 52,482 Neuberger Berman Small-Mid Cap ETF $NBSM

Motco purchased a new stake in Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 52,482 shares of the company’s stock, valued at approximately $1,334,000.

Several other institutional investors also recently modified their holdings of the stock. Christopher J. Hasenberg Inc purchased a new stake in shares of Neuberger Berman Small-Mid Cap ETF in the second quarter valued at $126,000. Worth Financial Advisory Group LLC purchased a new stake in shares of Neuberger Berman Small-Mid Cap ETF in the second quarter valued at $553,000. Royal Bank of Canada purchased a new stake in shares of Neuberger Berman Small-Mid Cap ETF in the first quarter valued at $738,000. Broadway Wealth Solutions Inc. purchased a new stake in shares of Neuberger Berman Small-Mid Cap ETF in the second quarter valued at $1,712,000. Finally, LPL Financial LLC lifted its holdings in shares of Neuberger Berman Small-Mid Cap ETF by 460.8% in the first quarter. LPL Financial LLC now owns 107,921 shares of the company’s stock valued at $2,584,000 after purchasing an additional 88,678 shares in the last quarter.

Neuberger Berman Small-Mid Cap ETF Stock Down 0.8%

NBSM opened at $25.45 on Wednesday. The stock has a fifty day moving average of $25.59 and a 200-day moving average of $24.99. The firm has a market capitalization of $185.28 million, a P/E ratio of 26.86 and a beta of 0.98. Neuberger Berman Small-Mid Cap ETF has a 12-month low of $20.83 and a 12-month high of $28.38.

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.