Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Shares Down 0.4% – Here’s Why
by Scott Moore · The Cerbat GemShares of Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM – Get Free Report) dropped 0.4% during trading on Wednesday . The company traded as low as $26.46 and last traded at $26.56. Approximately 18,012 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 26,761 shares. The stock had previously closed at $26.66.
Neuberger Berman Small-Mid Cap ETF Trading Up 1.5%
The company has a market cap of $226.13 million, a price-to-earnings ratio of 26.86 and a beta of 0.93. The company has a fifty day moving average price of $26.16 and a two-hundred day moving average price of $25.84.
Institutional Trading of Neuberger Berman Small-Mid Cap ETF
Institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp grew its holdings in shares of Neuberger Berman Small-Mid Cap ETF by 44.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 77,444 shares of the company’s stock worth $1,965,000 after purchasing an additional 23,669 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of Neuberger Berman Small-Mid Cap ETF by 43.4% during the 4th quarter. HighTower Advisors LLC now owns 44,171 shares of the company’s stock worth $1,115,000 after purchasing an additional 13,377 shares in the last quarter. Susquehanna International Group LLP grew its holdings 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 in the last quarter. Royal Bank of Canada acquired a new stake in shares of Neuberger Berman Small-Mid Cap ETF during the 1st quarter worth approximately $738,000. Finally, Raymond James Financial Inc. grew its holdings in shares of Neuberger Berman Small-Mid Cap ETF by 20.8% during the 2nd quarter. Raymond James Financial Inc. now owns 173,905 shares of the company’s stock worth $4,355,000 after purchasing an additional 29,995 shares in the last quarter.
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.