Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) Sees Significant Decrease in Short Interest

Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 5,039 shares, a decline of 80.8% from the April 30th total of 26,229 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 23,533 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Nuveen ESG Mid-Cap Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ameritas Advisory Services LLC acquired a new stake in Nuveen ESG Mid-Cap Growth ETF in the fourth quarter valued at approximately $3,351,000. CENTRAL TRUST Co grew its position in Nuveen ESG Mid-Cap Growth ETF by 16.0% in the fourth quarter. CENTRAL TRUST Co now owns 12,755 shares of the company’s stock valued at $609,000 after acquiring an additional 1,756 shares in the last quarter. Canandaigua National Bank & Trust Co. grew its position in Nuveen ESG Mid-Cap Growth ETF by 3.6% in the fourth quarter. Canandaigua National Bank & Trust Co. now owns 10,524 shares of the company’s stock valued at $502,000 after acquiring an additional 369 shares in the last quarter. PFG Advisors raised its position in shares of Nuveen ESG Mid-Cap Growth ETF by 6.0% in the 4th quarter. PFG Advisors now owns 5,386 shares of the company’s stock valued at $257,000 after purchasing an additional 305 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of Nuveen ESG Mid-Cap Growth ETF by 33.5% in the 4th quarter. Farther Finance Advisors LLC now owns 3,030 shares of the company’s stock worth $145,000 after purchasing an additional 761 shares during the last quarter.

Nuveen ESG Mid-Cap Growth ETF Price Performance

NUMG opened at $46.43 on Friday. The stock has a market capitalization of $390.01 million, a price-to-earnings ratio of 31.07 and a beta of 1.12. The business has a 50-day moving average of $43.54 and a two-hundred day moving average of $45.21. Nuveen ESG Mid-Cap Growth ETF has a 12 month low of $39.58 and a 12 month high of $49.79.

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.