Abacus Wealth Partners LLC Sells 174,809 Shares of Nuveen ESG Emerging Markets Equity ETF $NUEM

Abacus Wealth Partners LLC lowered its position in shares of Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) by 28.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 449,255 shares of the company’s stock after selling 174,809 shares during the quarter. Nuveen ESG Emerging Markets Equity ETF makes up about 2.2% of Abacus Wealth Partners LLC’s holdings, making the stock its 10th largest holding. Abacus Wealth Partners LLC owned 4.78% of Nuveen ESG Emerging Markets Equity ETF worth $19,134,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealthfront Advisers LLC boosted its stake in shares of Nuveen ESG Emerging Markets Equity ETF by 7.9% in the first quarter. Wealthfront Advisers LLC now owns 888,758 shares of the company’s stock worth $32,652,000 after acquiring an additional 64,985 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in Nuveen ESG Emerging Markets Equity ETF in the 3rd quarter valued at $2,141,000. Stewardship Advisors LLC purchased a new position in Nuveen ESG Emerging Markets Equity ETF in the 3rd quarter valued at $1,353,000. Bank of America Corp DE lifted its holdings in Nuveen ESG Emerging Markets Equity ETF by 10.4% in the 1st quarter. Bank of America Corp DE now owns 260,304 shares of the company’s stock valued at $9,563,000 after purchasing an additional 24,617 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in Nuveen ESG Emerging Markets Equity ETF by 6.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 364,940 shares of the company’s stock valued at $15,487,000 after purchasing an additional 21,026 shares in the last quarter.

Nuveen ESG Emerging Markets Equity ETF Trading Up 2.5%

NUEM traded up $0.91 on Friday, hitting $37.50. 134,516 shares of the company’s stock were exchanged, compared to its average volume of 40,594. The stock has a market cap of $427.50 million, a price-to-earnings ratio of 11.90 and a beta of 0.74. Nuveen ESG Emerging Markets Equity ETF has a fifty-two week low of $33.47 and a fifty-two week high of $44.66. The firm has a 50-day moving average price of $41.52 and a 200-day moving average price of $40.34.

Nuveen ESG Emerging Markets Equity ETF 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.