Neuberger Berman Core Equity ETF (NYSEARCA:NBCR – Get Free Report) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 601 shares, a decrease of 96.1% from the February 26th total of 15,325 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 248,145 shares, the short-interest ratio is currently 0.0 days.
Neuberger Berman Core Equity ETF Price Performance
NBCR traded down $0.49 on Thursday, reaching $29.47. 8,456 shares of the company traded hands, compared to its average volume of 177,453. The company has a market cap of $829.29 million, a price-to-earnings ratio of 26.34 and a beta of 1.02. The stock’s 50 day moving average price is $31.19 and its 200-day moving average price is $31.26. Neuberger Berman Core Equity ETF has a 52-week low of $22.47 and a 52-week high of $32.25.
Hedge Funds Weigh In On Neuberger Berman Core Equity ETF
Institutional investors and hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC increased its stake 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 acquiring an additional 1,163 shares during the last quarter. Cetera Investment Advisers purchased a new position in Neuberger Berman Core Equity ETF in the fourth quarter valued at about $361,000. Ibex Wealth Advisors purchased a new position in Neuberger Berman Core Equity ETF in the fourth quarter valued at about $653,000. LPL Financial LLC acquired a new position in Neuberger Berman Core Equity ETF in the 4th quarter worth about $730,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Neuberger Berman Core Equity ETF in the 4th quarter worth about $642,000.
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.
Further Reading
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