Royal Bank of Canada Purchases 18,977 Shares of Neuberger Berman Core Equity ETF $NBCR

Royal Bank of Canada lifted its position in Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) by 2,067.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 19,895 shares of the company’s stock after purchasing an additional 18,977 shares during the period. Royal Bank of Canada’s holdings in Neuberger Berman Core Equity ETF were worth $590,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. NewEdge Advisors LLC grew its stake in Neuberger Berman Core Equity ETF by 133.4% in the 4th quarter. NewEdge Advisors LLC now owns 2,035 shares of the company’s stock valued at $64,000 after buying an additional 1,163 shares during the last quarter. Cetera Investment Advisers bought a new stake in Neuberger Berman Core Equity ETF during the fourth quarter valued at about $361,000. Ibex Wealth Advisors acquired a new stake in shares of Neuberger Berman Core Equity ETF in the fourth quarter valued at about $653,000. Finally, LPL Financial LLC acquired a new stake in shares of Neuberger Berman Core Equity ETF in the fourth quarter valued at about $730,000.

Neuberger Berman Core Equity ETF Stock Performance

Neuberger Berman Core Equity ETF stock opened at $34.36 on Tuesday. The business’s 50-day simple moving average is $33.86 and its 200-day simple moving average is $32.55. The firm has a market capitalization of $856.94 million, a PE ratio of 26.34 and a beta of 0.99. Neuberger Berman Core Equity ETF has a 52 week low of $28.80 and a 52 week high of $34.99.

Neuberger Berman Core Equity ETF Company Profile

The Neuberger Berman Core Equity ETF (NBCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking long-term capital appreciation by investing in US large-cap stocks. The fund selects based on fundamental analysis conducted by portfolio managers in collaboration with research analysts. NBCR was launched on Jul 31, 2024 and is issued by Neuberger Berman.