Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Sets New 1-Year High – Still a Buy?

Shares of Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) reached a new 52-week high during trading on Wednesday . The stock 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 Stock Performance

The stock’s fifty day simple moving average is $37.71 and its two-hundred day simple moving average is $37.67. The company has a market cap of $632.50 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

A number of institutional investors have recently made changes to their positions in NUDM. Continuum Advisory LLC increased its position in Nuveen ESG International Developed Markets Equity ETF by 16.3% in the fourth quarter. Continuum Advisory LLC now owns 8,372 shares of the company’s stock worth $303,000 after buying an additional 1,173 shares during the period. One Capital Management LLC acquired a new position in shares of Nuveen ESG International Developed Markets Equity ETF in the 4th quarter worth $455,000. Prism Advisors Inc. lifted its position in shares of Nuveen ESG International Developed Markets Equity ETF by 4.0% in 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 in the last quarter. Ledyard National Bank boosted its position in 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 acquiring an additional 1,290 shares during the period. Finally, Advisory Services Network LLC increased its stake 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 worth $3,055,000 after acquiring an additional 21,793 shares during 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.