Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Sets New 12-Month High – Still a Buy?

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $38.3293 and last traded at $37.25, with a volume of 29617 shares changing hands. The stock had previously closed at $38.24.

Nuveen ESG International Developed Markets Equity ETF Trading Down 2.5%

The firm has a market capitalization of $592.83 million, a PE ratio of 16.48 and a beta of 0.86. The business’s 50 day simple moving average is $37.53 and its two-hundred day simple moving average is $37.01.

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

Several hedge funds and other institutional investors have recently modified their holdings of NUDM. Prism Advisors Inc. grew its stake in shares of Nuveen ESG International Developed Markets Equity ETF by 4.0% during the 3rd quarter. Prism Advisors Inc. now owns 29,592 shares of the company’s stock valued at $1,113,000 after acquiring an additional 1,136 shares during the period. Flow Traders U.S. LLC increased its position in Nuveen ESG International Developed Markets Equity ETF by 76.7% in the second quarter. Flow Traders U.S. LLC now owns 157,028 shares of the company’s stock worth $5,573,000 after purchasing an additional 68,163 shares during the last quarter. Finally, Ledyard National Bank raised its position 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 valued at $1,416,000 after buying an additional 1,290 shares in the last quarter.

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.