Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) Sees Large Decline in Short Interest

Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,486 shares, a drop of 63.0% from the June 30th total of 4,012 shares. Based on an average daily trading volume, of 14,673 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Nuveen ESG Mid-Cap Growth ETF Price Performance

BATS NUMG opened at $45.15 on Monday. Nuveen ESG Mid-Cap Growth ETF has a 12-month low of $39.58 and a 12-month high of $49.79. The firm’s 50 day moving average is $46.18 and its 200-day moving average is $44.87. The company has a market capitalization of $379.26 million, a PE ratio of 31.07 and a beta of 1.12.

Institutional Investors Weigh In On Nuveen ESG Mid-Cap Growth ETF

Several hedge funds have recently added to or reduced their stakes in NUMG. AdvisorNet Financial Inc boosted its holdings in shares of Nuveen ESG Mid-Cap Growth ETF by 64.2% during the first quarter. AdvisorNet Financial Inc now owns 688 shares of the company’s stock worth $28,000 after acquiring an additional 269 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in shares of Nuveen ESG Mid-Cap Growth ETF during the 4th quarter worth approximately $51,000. Western Wealth Management LLC acquired a new stake in shares of Nuveen ESG Mid-Cap Growth ETF in the 1st quarter valued at $57,000. EP Wealth Advisors LLC acquired a new stake in Nuveen ESG Mid-Cap Growth ETF in the second quarter valued at about $109,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Nuveen ESG Mid-Cap Growth ETF by 33.5% in the 4th quarter. Farther Finance Advisors LLC now owns 3,030 shares of the company’s stock valued at $145,000 after purchasing an additional 761 shares in the last quarter.

About Nuveen ESG Mid-Cap Growth ETF

The Nuveen ESG Mid-Cap Growth ETF (NUMG) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Mid Cap Growth index. The fund tracks an index composed of mid-cap US companies with growth characteristics that also meet certain environmental, social, and governance criteria. NUMG was launched on Dec 13, 2016 and is managed by Nuveen.