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

Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) saw a significant decline in short interest in the month of 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 volume of 35,672 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Nuveen ESG Emerging Markets Equity ETF

Several institutional investors have recently made changes to their positions in NUEM. Smartleaf Asset Management LLC purchased a new position in shares of Nuveen ESG Emerging Markets Equity ETF in the fourth quarter valued at $27,000. Millstone Evans Group LLC bought a new position in Nuveen ESG Emerging Markets Equity ETF in the 4th quarter worth about $34,000. MAI Capital Management boosted its stake in 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 during the period. Advisory Services Network LLC purchased a new position in Nuveen ESG Emerging Markets Equity ETF during the 3rd quarter valued at about $70,000. Finally, Lockerman Financial Group Inc. bought a new stake in shares of Nuveen ESG Emerging Markets Equity ETF during the fourth quarter valued at about $204,000.

Nuveen ESG Emerging Markets Equity ETF Stock Performance

Shares of NUEM stock opened at $41.81 on Tuesday. The firm’s 50 day moving average is $41.55 and its 200 day moving average is $38.84. The stock has a market capitalization of $393.01 million, a P/E ratio of 14.73 and a beta of 0.62. Nuveen ESG Emerging Markets Equity ETF has a 12 month low of $32.89 and a 12 month high of $44.66.

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.