Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Hits New 12-Month High – Should You Buy?

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $38.3293 and last traded at $36.1550, with a volume of 29617 shares changing hands. The stock had previously closed at $38.24.

Nuveen ESG International Developed Markets Equity ETF Stock Performance

The stock has a market cap of $578.93 million, a price-to-earnings ratio of 16.48 and a beta of 0.86. The company has a 50-day moving average of $37.96 and a 200-day moving average of $36.83.

Institutional Inflows and Outflows

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

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.