Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Hits New 52-Week High – Time to Buy?

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM)’s share price reached a new 52-week high on Monday . The stock traded as high as $38.3293 and last traded at $37.25, with a volume of 29617 shares changing hands. The stock had previously closed at $38.24.

Nuveen ESG International Developed Markets Equity ETF Trading Down 2.5%

The firm’s 50 day simple moving average is $37.53 and its 200-day simple moving average is $37.01. The company has a market capitalization of $592.83 million, a price-to-earnings ratio of 16.48 and a beta of 0.86.

Institutional Trading of Nuveen ESG International Developed Markets Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC boosted its position in Nuveen ESG International Developed Markets Equity ETF by 76.7% during the second quarter. Flow Traders U.S. LLC now owns 157,028 shares of the company’s stock worth $5,573,000 after acquiring an additional 68,163 shares during the last quarter. Ledyard National Bank boosted its position in Nuveen ESG International Developed Markets Equity ETF by 3.3% during the 2nd quarter. Ledyard National Bank now owns 39,898 shares of the company’s stock worth $1,416,000 after purchasing an additional 1,290 shares during the period. Finally, Prism Advisors Inc. raised its holdings in shares of Nuveen ESG International Developed Markets Equity ETF by 4.0% during the 3rd quarter. Prism Advisors Inc. now owns 29,592 shares of the company’s stock valued at $1,113,000 after buying an additional 1,136 shares during the period.

About Nuveen ESG International Developed Markets Equity ETF

The Nuveen ESG International Developed Markets Equity ETF (NUDM) is an exchange-traded fund that is based on the MSCI TIAA ESG International DM index. The fund tracks an index of companies from developed countries, excluding the US and Canada, that align with various environmental, social, and governance principles. NUDM was launched on Jun 7, 2017 and is managed by Nuveen.