Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 36,139 shares, a growth of 238.0% from the September 30th total of 10,691 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 35,405 shares, the days-to-cover ratio is presently 1.0 days.
Nuveen ESG Emerging Markets Equity ETF Stock Down 0.9%
BATS:NUEM opened at $39.53 on Friday. Nuveen ESG Emerging Markets Equity ETF has a fifty-two week low of $33.47 and a fifty-two week high of $44.66. The firm’s 50 day moving average is $42.03 and its two-hundred day moving average is $40.32. The company has a market cap of $371.58 million, a P/E ratio of 14.73 and a beta of 0.62.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. Modera Wealth Management LLC purchased a new position in shares of Nuveen ESG Emerging Markets Equity ETF in the third quarter valued at $445,000. Kingswood Wealth Advisors LLC purchased a new stake in Nuveen ESG Emerging Markets Equity ETF during the 3rd quarter worth $211,000. Stewardship Advisors LLC purchased a new stake in Nuveen ESG Emerging Markets Equity ETF during the 3rd quarter worth $1,353,000. Vontobel Holding Ltd. acquired a new position in Nuveen ESG Emerging Markets Equity ETF in the 3rd quarter worth $707,000. Finally, Aspiriant LLC acquired a new position in Nuveen ESG Emerging Markets Equity ETF in the 3rd quarter worth $410,000.
Nuveen ESG Emerging Markets Equity ETF Company Profile
The Nuveen ESG Emerging Markets Equity ETF (NUEM) is an exchange-traded fund that is based on the MSCI TIAA ESG Emerging Markets index. The fund tracks an index of large- and mid-cap emerging-market stocks that score highly on environmental, social, and governance (ESG) criteria. The index is optimized for market-like risk and return characteristics. NUEM was launched on Jun 7, 2017 and is managed by Nuveen.
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