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

Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 18,021 shares, a decline of 73.8% from the July 30th total of 68,723 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 24,309 shares, the short-interest ratio is presently 0.7 days.

Nuveen ESG Emerging Markets Equity ETF Price Performance

NUEM stock opened at $42.78 on Friday. The company has a market cap of $402.13 million, a P/E ratio of 14.73 and a beta of 0.62. Nuveen ESG Emerging Markets Equity ETF has a 1 year low of $33.47 and a 1 year high of $44.66. The stock’s fifty day moving average price is $41.32 and its 200-day moving average price is $40.12.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Ameritas Advisory Services LLC bought a new stake in shares of Nuveen ESG Emerging Markets Equity ETF during the 2nd quarter valued at about $27,000. Smartleaf Asset Management LLC bought a new stake in Nuveen ESG Emerging Markets Equity ETF during the fourth quarter valued at approximately $27,000. Millstone Evans Group LLC purchased a new stake in Nuveen ESG Emerging Markets Equity ETF during the fourth quarter valued at approximately $34,000. Advisory Services Network LLC bought a new position in Nuveen ESG Emerging Markets Equity ETF in the third quarter worth approximately $70,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Nuveen ESG Emerging Markets Equity ETF during the 3rd quarter worth $210,000.

About Nuveen ESG Emerging Markets Equity ETF

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.