Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) Sees Significant Drop in Short Interest

Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 18,021 shares, a drop of 73.8% from the July 30th total of 68,723 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 24,309 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On Nuveen ESG Emerging Markets Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC lifted its position in shares of Nuveen ESG Emerging Markets Equity ETF by 2,686.9% during the first quarter. Jane Street Group LLC now owns 313,358 shares of the company’s stock worth $9,166,000 after acquiring an additional 302,114 shares in the last quarter. LPL Financial LLC grew its position in shares of Nuveen ESG Emerging Markets Equity ETF by 110.2% in the fourth quarter. LPL Financial LLC now owns 202,867 shares of the company’s stock valued at $7,218,000 after purchasing an additional 106,337 shares in the last quarter. Wealthfront Advisers LLC grew its position 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 valued at $32,652,000 after purchasing an additional 64,985 shares in the last quarter. Cerity Partners OCIO LLC raised its stake in shares of Nuveen ESG Emerging Markets Equity ETF by 75.7% during the 4th quarter. Cerity Partners OCIO LLC now owns 129,649 shares of the company’s stock valued at $4,613,000 after purchasing an additional 55,866 shares during the period. Finally, Abacus Wealth Partners LLC raised its stake in shares of Nuveen ESG Emerging Markets Equity ETF by 4.5% during the 4th quarter. Abacus Wealth Partners LLC now owns 606,609 shares of the company’s stock valued at $21,586,000 after purchasing an additional 26,235 shares during the period.

Nuveen ESG Emerging Markets Equity ETF Stock Down 0.4%

BATS NUEM opened at $42.62 on Friday. The company’s 50 day moving average is $41.30 and its 200-day moving average is $40.14. Nuveen ESG Emerging Markets Equity ETF has a 12-month low of $33.47 and a 12-month high of $44.66. The firm has a market cap of $400.63 million, a P/E ratio of 14.73 and a beta of 0.62.

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.