Royal Bank of Canada Raises Stake in Neuberger Berman Growth ETF $NBGX

Royal Bank of Canada increased its holdings in shares of Neuberger Berman Growth ETF (NYSEARCA:NBGX) by 5,018.2% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,898 shares of the company’s stock after purchasing an additional 25,392 shares during the quarter. Royal Bank of Canada owned 5.18% of Neuberger Berman Growth ETF worth $659,000 as of its most recent filing with the SEC.

Neuberger Berman Growth ETF Price Performance

Shares of NBGX stock opened at $29.58 on Monday. The stock has a market cap of $14.79 million, a price-to-earnings ratio of 36.12 and a beta of 1.23. Neuberger Berman Growth ETF has a fifty-two week low of $24.60 and a fifty-two week high of $30.41. The firm’s 50 day moving average price is $29.34 and its two-hundred day moving average price is $28.19.

Neuberger Berman Growth ETF Company Profile

The Neuberger Berman Growth ETF (NBGX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap growth stocks from around the globe selected using a research-driven approach. The fund seeks long-term capital appreciation. NBGX was launched on Dec 18, 2024 and is issued by Neuberger Berman.