Wealthfront Advisers LLC Raises Stake in Nuveen ESG Emerging Markets Equity ETF $NUEM

Wealthfront Advisers LLC lifted its position in shares of Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) by 7.9% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 888,758 shares of the company’s stock after buying an additional 64,985 shares during the quarter. Wealthfront Advisers LLC owned approximately 9.45% of Nuveen ESG Emerging Markets Equity ETF worth $32,652,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Coldstream Capital Management Inc. grew its stake in Nuveen ESG Emerging Markets Equity ETF by 81.7% during the third quarter. Coldstream Capital Management Inc. now owns 238,180 shares of the company’s stock valued at $8,501,000 after acquiring an additional 107,075 shares in the last quarter. Cerity Partners OCIO LLC lifted its stake in Nuveen ESG Emerging Markets Equity ETF by 75.7% in the 4th quarter. Cerity Partners OCIO LLC now owns 129,649 shares of the company’s stock worth $4,613,000 after purchasing an additional 55,866 shares in the last quarter. Verus Advisory Inc. bought a new position in shares of Nuveen ESG Emerging Markets Equity ETF during the 4th quarter valued at about $686,000. Abacus Wealth Partners LLC boosted its holdings in shares of Nuveen ESG Emerging Markets Equity ETF by 4.5% during the 4th quarter. Abacus Wealth Partners LLC now owns 606,609 shares of the company’s stock valued at $21,586,000 after purchasing an additional 26,235 shares during the last quarter. Finally, Ascentis Independent Advisors bought a new position in shares of Nuveen ESG Emerging Markets Equity ETF during the 1st quarter valued at about $490,000.

Nuveen ESG Emerging Markets Equity ETF Price Performance

Shares of NUEM opened at $41.11 on Thursday. The stock has a market capitalization of $386.43 million, a price-to-earnings ratio of 14.73 and a beta of 0.62. Nuveen ESG Emerging Markets Equity ETF has a 1 year low of $32.89 and a 1 year high of $44.66. The business’s 50 day simple moving average is $41.65 and its 200-day simple moving average is $39.29.

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.