Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) Trading Down 0.4% – Should You Sell?

Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM)’s stock price traded down 0.4% during mid-day trading on Wednesday . The stock traded as low as $26.46 and last traded at $26.56. 18,012 shares were traded during mid-day trading, a decline of 33% from the average session volume of 26,761 shares. The stock had previously closed at $26.66.

Neuberger Berman Small-Mid Cap ETF Price Performance

The company has a 50-day simple moving average of $26.17 and a 200-day simple moving average of $25.83. The stock has a market cap of $223.10 million, a PE ratio of 26.86 and a beta of 0.93.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NBSM. Barnes Pettey Financial Advisors LLC grew its holdings in Neuberger Berman Small-Mid Cap ETF by 10.2% in the fourth quarter. Barnes Pettey Financial Advisors LLC now owns 9,461 shares of the company’s stock valued at $239,000 after purchasing an additional 873 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Neuberger Berman Small-Mid Cap ETF in the third quarter valued at $337,000. Susquehanna International Group LLP grew its holdings in Neuberger Berman Small-Mid Cap ETF by 77.5% in the third quarter. Susquehanna International Group LLP now owns 17,805 shares of the company’s stock valued at $451,000 after purchasing an additional 7,776 shares during the last quarter. Worth Financial Advisory Group LLC grew its holdings in Neuberger Berman Small-Mid Cap ETF by 17.2% in the third quarter. Worth Financial Advisory Group LLC now owns 25,877 shares of the company’s stock valued at $655,000 after purchasing an additional 3,793 shares during the last quarter. Finally, Royal Bank of Canada acquired a new stake in Neuberger Berman Small-Mid Cap ETF in the first quarter valued at $738,000.

About Neuberger Berman Small-Mid Cap ETF

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.