Motco Makes New $1.33 Million Investment in Neuberger Berman Small-Mid Cap ETF $NBSM

Motco acquired a new position in shares of Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 52,482 shares of the company’s stock, valued at approximately $1,334,000. Motco owned approximately 0.74% of Neuberger Berman Small-Mid Cap ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in shares of Neuberger Berman Small-Mid Cap ETF during the first quarter worth about $3,445,000. Christopher J. Hasenberg Inc acquired a new position in shares of Neuberger Berman Small-Mid Cap ETF during the second quarter worth about $126,000. Worth Financial Advisory Group LLC acquired a new position in shares of Neuberger Berman Small-Mid Cap ETF during the second quarter worth about $553,000. LPL Financial LLC lifted its stake in shares of Neuberger Berman Small-Mid Cap ETF by 460.8% during the first quarter. LPL Financial LLC now owns 107,921 shares of the company’s stock worth $2,584,000 after purchasing an additional 88,678 shares in the last quarter. Finally, Broadway Wealth Solutions Inc. acquired a new position in shares of Neuberger Berman Small-Mid Cap ETF during the second quarter worth about $1,712,000.

Neuberger Berman Small-Mid Cap ETF Price Performance

Shares of NBSM opened at $25.45 on Wednesday. The stock’s 50-day moving average is $25.59 and its two-hundred day moving average is $24.99. The stock has a market cap of $185.28 million, a PE 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.