Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) Short Interest Update

Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 13,317 shares, a drop of 49.3% from the May 31st total of 26,264 shares. Based on an average daily volume of 35,672 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of Nuveen ESG Emerging Markets Equity ETF

Several institutional investors have recently made changes to their positions in NUEM. Smartleaf Asset Management LLC bought a new stake in Nuveen ESG Emerging Markets Equity ETF in the 4th quarter worth about $27,000. Millstone Evans Group LLC bought a new position in shares of Nuveen ESG Emerging Markets Equity ETF during the 4th quarter worth approximately $34,000. MAI Capital Management lifted its position in shares of Nuveen ESG Emerging Markets Equity ETF by 1,095.4% during the 3rd quarter. MAI Capital Management now owns 1,554 shares of the company’s stock worth $55,000 after buying an additional 1,424 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Nuveen ESG Emerging Markets Equity ETF in the 3rd quarter worth approximately $70,000. Finally, Lockerman Financial Group Inc. purchased a new position in shares of Nuveen ESG Emerging Markets Equity ETF in the 4th quarter worth approximately $204,000.

Nuveen ESG Emerging Markets Equity ETF Trading Up 1.5%

NUEM opened at $42.44 on Wednesday. The company has a market cap of $398.94 million, a price-to-earnings ratio of 14.73 and a beta of 0.62. The company’s fifty day moving average price is $41.58 and its two-hundred day moving average price is $38.88. Nuveen ESG Emerging Markets Equity ETF has a 1-year low of $32.89 and a 1-year high of $44.66.

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.