Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Reaches New 52-Week High – Should You Buy?

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) shares reached a new 52-week high on Tuesday . The company traded as high as $37.4290 and last traded at $36.86, with a volume of 85663 shares. The stock had previously closed at $37.24.

Nuveen ESG International Developed Markets Equity ETF Price Performance

The stock has a 50 day simple moving average of $37.37 and a two-hundred day simple moving average of $37.10. The company has a market cap of $594.74 million, a price-to-earnings ratio of 16.48 and a beta of 0.86.

Institutional Investors Weigh In On Nuveen ESG International Developed Markets Equity ETF

Hedge funds have recently modified their holdings of the company. Prism Advisors Inc. increased its position 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 purchasing an additional 1,136 shares during the last quarter. Ledyard National Bank increased its holdings in shares of Nuveen ESG International Developed Markets Equity ETF by 3.3% during the 2nd quarter. Ledyard National Bank now owns 39,898 shares of the company’s stock worth $1,416,000 after buying an additional 1,290 shares during the last quarter. Finally, Flow Traders U.S. LLC raised its position in shares of Nuveen ESG International Developed Markets Equity ETF by 76.7% during the 2nd quarter. Flow Traders U.S. LLC now owns 157,028 shares of the company’s stock valued at $5,573,000 after buying an additional 68,163 shares during the period.

Nuveen ESG International Developed Markets Equity ETF Company Profile

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.