Nuveen ESG Small-Cap ETF (BATS:NUSC) Sets New 1-Year High – Still a Buy?

Shares of Nuveen ESG Small-Cap ETF (BATS:NUSC) reached a new 52-week high during trading on Tuesday . The stock traded as high as $50.00 and last traded at $50.00, with a volume of 4543 shares changing hands. The stock had previously closed at $49.16.

Nuveen ESG Small-Cap ETF Stock Up 1.7%

The firm has a market capitalization of $1.40 billion, a PE ratio of 19.39 and a beta of 1.05. The company’s 50-day simple moving average is $47.22 and its 200 day simple moving average is $46.50.

Hedge Funds Weigh In On Nuveen ESG Small-Cap ETF

Hedge funds have recently modified their holdings of the stock. Coldstream Capital Management Inc. increased its holdings in shares of Nuveen ESG Small-Cap ETF by 85.6% during the third quarter. Coldstream Capital Management Inc. now owns 199,206 shares of the company’s stock valued at $8,785,000 after acquiring an additional 91,871 shares in the last quarter. Assetmark Inc. increased its holdings in shares of Nuveen ESG Small-Cap ETF by 2,050.2% during the fourth quarter. Assetmark Inc. now owns 259,489 shares of the company’s stock valued at $11,586,000 after acquiring an additional 247,421 shares in the last quarter. Boston Common Asset Management LLC acquired a new position in shares of Nuveen ESG Small-Cap ETF during the fourth quarter valued at about $19,861,000. Xena Financial Planning LLC acquired a new position in shares of Nuveen ESG Small-Cap ETF during the fourth quarter valued at about $1,400,000. Finally, Abacus Wealth Partners LLC increased its holdings in shares of Nuveen ESG Small-Cap ETF by 4.2% during the third quarter. Abacus Wealth Partners LLC now owns 1,345,941 shares of the company’s stock valued at $59,356,000 after acquiring an additional 53,965 shares in the last quarter.

Nuveen ESG Small-Cap ETF Company Profile

The Nuveen ESG Small-Cap ETF (NUSC) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Small Cap index. The fund tracks a multi-factor-weighted index of small-cap companies listed on US exchanges. Holdings are screened for environmental, social, and governance (ESG) criteria. NUSC was launched on Dec 13, 2016 and is managed by Nuveen.