Stratos Wealth Partners LTD. Invests $608,000 in Neuberger Berman Energy Transition & Infrastructure ETF $NBET

Stratos Wealth Partners LTD. purchased a new position in shares of Neuberger Berman Energy Transition & Infrastructure ETF (NYSEARCA:NBET) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 18,575 shares of the company’s stock, valued at approximately $608,000.

Several other hedge funds have also made changes to their positions in the business. Private Trust Co. NA acquired a new stake in shares of Neuberger Berman Energy Transition & Infrastructure ETF during the third quarter worth about $39,000. Osaic Holdings Inc. lifted its position in shares of Neuberger Berman Energy Transition & Infrastructure ETF by 60.3% during 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. Finally, Jane Street Group LLC acquired a new stake in shares of Neuberger Berman Energy Transition & Infrastructure ETF during the second quarter worth about $413,000.

Neuberger Berman Energy Transition & Infrastructure ETF Stock Performance

Shares of NBET opened at $40.02 on Friday. The stock has a market capitalization of $40.82 million, a PE ratio of 19.01 and a beta of 0.89. Neuberger Berman Energy Transition & Infrastructure ETF has a 1 year low of $28.91 and a 1 year high of $42.09. The company’s 50-day simple moving average is $39.24 and its 200-day simple moving average is $35.09.

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.