Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) Trading Down 7.3% – Here’s Why

Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG)’s stock price fell 7.3% during mid-day trading on Thursday . The stock traded as low as $45.0750 and last traded at $42.4260. 32,562 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 26,691 shares. The stock had previously closed at $45.75.

Nuveen ESG Mid-Cap Growth ETF Stock Down 4.7%

The business has a fifty day moving average of $47.48 and a 200 day moving average of $47.97. The firm has a market cap of $366.41 million, a P/E ratio of 31.07 and a beta of 1.12.

Institutional Trading of Nuveen ESG Mid-Cap Growth ETF

A number of hedge funds have recently modified their holdings of the company. Manning & Napier Advisors LLC acquired a new position in Nuveen ESG Mid-Cap Growth ETF during the third quarter valued at approximately $37,000. Harbor Asset Planning Inc. bought a new position in shares of Nuveen ESG Mid-Cap Growth ETF during the second quarter worth $100,000. EP Wealth Advisors LLC acquired a new position in shares of Nuveen ESG Mid-Cap Growth ETF in the 2nd quarter valued at $109,000. Farther Finance Advisors LLC grew its holdings in shares of Nuveen ESG Mid-Cap Growth ETF by 263.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,269 shares of the company’s stock valued at $110,000 after buying an additional 1,645 shares during the period. Finally, Values Added Financial LLC bought a new stake in shares of Nuveen ESG Mid-Cap Growth ETF in the 4th quarter valued at $202,000.

About Nuveen ESG Mid-Cap Growth ETF

The Nuveen ESG Mid-Cap Growth ETF (NUMG) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Mid Cap Growth index. The fund tracks an index composed of mid-cap US companies with growth characteristics that also meet certain environmental, social, and governance criteria. NUMG was launched on Dec 13, 2016 and is managed by Nuveen.