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

Royal Bank of Canada lifted its holdings in Neuberger Berman Core Equity ETF (NYSEARCA:NBCR) by 2,067.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,895 shares of the company’s stock after purchasing an additional 18,977 shares during the period. Royal Bank of Canada owned 0.08% of Neuberger Berman Core Equity ETF worth $590,000 at the end of the most recent reporting period.

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

Neuberger Berman Core Equity ETF Price Performance

Shares of NYSEARCA:NBCR opened at $34.36 on Tuesday. The stock has a market capitalization of $856.94 million, a P/E ratio of 26.34 and a beta of 0.99. The business has a 50-day moving average of $33.86 and a two-hundred day moving average of $32.55. Neuberger Berman Core Equity ETF has a fifty-two week low of $28.80 and a fifty-two week high of $34.99.

Neuberger Berman Core Equity ETF 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.