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

Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 251,269 shares, a growth of 1,686.4% from the August 31st total of 14,066 shares. Approximately 2.7% of the company’s shares are sold short. Based on an average daily volume of 60,020 shares, the short-interest ratio is currently 4.2 days.

Nuveen ESG Emerging Markets Equity ETF Stock Up 1.0%

Shares of BATS:NUEM opened at $43.11 on Friday. The firm has a market cap of $405.23 million, a P/E ratio of 14.73 and a beta of 0.62. Nuveen ESG Emerging Markets Equity ETF has a 12-month low of $33.47 and a 12-month high of $44.66. The business has a fifty day simple moving average of $41.93 and a 200 day simple moving average of $40.74.

Hedge Funds Weigh In On Nuveen ESG Emerging Markets Equity ETF

A number of hedge funds have recently made changes to their positions in the stock. Wealthfront Advisers LLC lifted its stake in shares of Nuveen ESG Emerging Markets Equity ETF by 7.9% in the first quarter. Wealthfront Advisers LLC now owns 888,758 shares of the company’s stock worth $32,652,000 after acquiring an additional 64,985 shares during the period. Bank of America Corp DE raised its holdings in Nuveen ESG Emerging Markets Equity ETF by 10.4% during the 1st quarter. Bank of America Corp DE now owns 260,304 shares of the company’s stock worth $9,563,000 after purchasing an additional 24,617 shares during the last quarter. Verus Advisory Inc. acquired a new position in shares of Nuveen ESG Emerging Markets Equity ETF in the 4th quarter worth approximately $686,000. Cerity Partners OCIO LLC lifted its position in shares of 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 during the period. Finally, Ascentis Independent Advisors acquired a new position in shares of Nuveen ESG Emerging Markets Equity ETF in the 1st quarter worth approximately $490,000.

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.