Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Reaches New 52-Week High – Still a Buy?

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $41.77 and last traded at $41.71, with a volume of 1496 shares traded. The stock had previously closed at $41.32.

Nuveen ESG International Developed Markets Equity ETF Stock Up 0.8%

The stock has a market cap of $662.08 million, a P/E ratio of 16.48 and a beta of 0.86. The firm’s 50-day moving average is $39.89 and its two-hundred day moving average is $38.66.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Burns J W & Co. Inc. NY bought a new stake in Nuveen ESG International Developed Markets Equity ETF in the first quarter worth $397,000. Advisory Services Network LLC lifted its position in shares of Nuveen ESG International Developed Markets Equity ETF by 34.8% in the fourth quarter. Advisory Services Network LLC now owns 84,356 shares of the company’s stock worth $3,055,000 after buying an additional 21,793 shares during the last quarter. Continuum Advisory LLC lifted its position in shares of Nuveen ESG International Developed Markets Equity ETF by 16.3% in the fourth quarter. Continuum Advisory LLC now owns 8,372 shares of the company’s stock worth $303,000 after buying an additional 1,173 shares during the last quarter. One Capital Management LLC bought a new stake in shares of Nuveen ESG International Developed Markets Equity ETF during the 4th quarter worth about $455,000. Finally, Prism Advisors Inc. boosted its stake in shares of Nuveen ESG International Developed Markets Equity ETF by 1.7% during the 4th quarter. Prism Advisors Inc. now owns 30,107 shares of the company’s stock worth $1,090,000 after acquiring an additional 515 shares in the last quarter.

About Nuveen ESG International Developed Markets Equity ETF

The Nuveen ESG International Developed Markets Equity ETF (NUDM) is an exchange-traded fund that is based on the MSCI TIAA ESG International DM index. The fund tracks an index of companies from developed countries, excluding the US and Canada, that align with various environmental, social, and governance principles. NUDM was launched on Jun 7, 2017 and is managed by Nuveen.