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 in June. As of June 15th, there was short interest totaling 13,317 shares, a decline of 49.3% from the May 31st total of 26,264 shares. Based on an average daily trading volume, of 35,672 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Nuveen ESG Emerging Markets Equity ETF Price Performance

Shares of BATS:NUEM opened at $41.81 on Tuesday. The company’s fifty day moving average price is $41.55 and its 200-day moving average price is $38.84. The firm has a market capitalization of $393.01 million, a price-to-earnings ratio of 14.73 and a beta of 0.62. Nuveen ESG Emerging Markets Equity ETF has a one year low of $32.89 and a one year high of $44.66.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC purchased a new stake in Nuveen ESG Emerging Markets Equity ETF during the fourth quarter valued at about $27,000. Millstone Evans Group LLC bought a new stake in Nuveen ESG Emerging Markets Equity ETF during the fourth quarter worth about $34,000. MAI Capital Management boosted its holdings in shares of Nuveen ESG Emerging Markets Equity ETF by 1,095.4% in the 3rd quarter. MAI Capital Management now owns 1,554 shares of the company’s stock worth $55,000 after purchasing an additional 1,424 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Nuveen ESG Emerging Markets Equity ETF in the 3rd quarter worth about $70,000. Finally, Lockerman Financial Group Inc. bought a new position in shares of Nuveen ESG Emerging Markets Equity ETF during the 4th quarter valued at about $204,000.

Nuveen ESG Emerging Markets Equity ETF Company Profile

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.