Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Hits New 1-Year High – Should You Buy?

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $39.74 and last traded at $39.7150, with a volume of 20328 shares traded. The stock had previously closed at $39.38.

Nuveen ESG International Developed Markets Equity ETF Price Performance

The firm has a market capitalization of $631.07 million, a P/E ratio of 16.48 and a beta of 0.86. The company’s 50 day moving average price is $37.88 and its 200 day moving average price is $37.72.

Institutional Trading of Nuveen ESG International Developed Markets Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Prism Advisors Inc. lifted its position in Nuveen ESG International Developed Markets Equity ETF by 1.7% during the 4th quarter. Prism Advisors Inc. now owns 30,107 shares of the company’s stock valued at $1,090,000 after purchasing an additional 515 shares during the period. Continuum Advisory LLC grew its position in shares of Nuveen ESG International Developed Markets Equity ETF by 16.3% in the 4th quarter. Continuum Advisory LLC now owns 8,372 shares of the company’s stock valued at $303,000 after purchasing an additional 1,173 shares during the period. Ledyard National Bank boosted its holdings in shares of Nuveen ESG International Developed Markets Equity ETF by 3.3% in the second quarter. Ledyard National Bank now owns 39,898 shares of the company’s stock valued at $1,416,000 after buying an additional 1,290 shares during the period. One Capital Management LLC bought a new stake in Nuveen ESG International Developed Markets Equity ETF in the 4th quarter valued at $455,000. Finally, Advisory Services Network LLC lifted its holdings in shares of Nuveen ESG International Developed Markets Equity ETF by 34.8% in the fourth quarter. Advisory Services Network LLC now owns 84,356 shares of the company’s stock valued at $3,055,000 after purchasing an additional 21,793 shares in 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.