Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) Sees Significant Drop in Short Interest

Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,891 shares, a decrease of 63.2% from the May 31st total of 5,132 shares. Based on an average trading volume of 16,132 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Focus Partners Wealth raised its position in shares of Nuveen ESG Mid-Cap Value ETF by 13.6% in the first quarter. Focus Partners Wealth now owns 8,253 shares of the company’s stock valued at $282,000 after buying an additional 990 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Nuveen ESG Mid-Cap Value ETF by 20.0% during the second quarter. JPMorgan Chase & Co. now owns 15,827 shares of the company’s stock worth $571,000 after acquiring an additional 2,635 shares during the last quarter. NewEdge Advisors LLC grew its stake in Nuveen ESG Mid-Cap Value ETF by 10.6% during the 2nd quarter. NewEdge Advisors LLC now owns 20,040 shares of the company’s stock valued at $722,000 after acquiring an additional 1,919 shares in the last quarter. Raymond James Financial Inc. grew its stake in Nuveen ESG Mid-Cap Value ETF by 3.9% during the 2nd quarter. Raymond James Financial Inc. now owns 538,787 shares of the company’s stock valued at $19,423,000 after acquiring an additional 20,424 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in Nuveen ESG Mid-Cap Value ETF in the 2nd quarter valued at about $107,000.

Nuveen ESG Mid-Cap Value ETF Price Performance

Shares of BATS:NUMV opened at $43.53 on Monday. The business’s 50 day moving average price is $42.14 and its 200-day moving average price is $40.70. The firm has a market capitalization of $452.71 million, a PE ratio of 18.60 and a beta of 1.01. Nuveen ESG Mid-Cap Value ETF has a 1 year low of $35.67 and a 1 year high of $43.86.

Nuveen ESG Mid-Cap Value ETF Company Profile

The Nuveen ESG Mid-Cap Value ETF (NUMV) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Mid Cap Value index. The fund tracks an index of US mid-cap value stocks that score highly on environmental, social, and governance (ESG) criteria. The fund weighting uses a multi-factor optimizer. NUMV was launched on Dec 13, 2016 and is managed by Nuveen.