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

Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) was the recipient of a large decrease in short interest in October. As of October 30th, there was short interest totaling 1,659 shares, a decrease of 91.4% from the October 15th total of 19,294 shares. Based on an average trading volume of 82,741 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Nuveen ESG Mid-Cap Value ETF Price Performance

BATS NUMV opened at $45.71 on Wednesday. The company has a market cap of $434.25 million, a P/E ratio of 19.46 and a beta of 0.98. The stock has a 50-day moving average of $44.13 and a two-hundred day moving average of $42.59. Nuveen ESG Mid-Cap Value ETF has a 1-year low of $37.40 and a 1-year high of $46.49.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp grew its holdings in shares of Nuveen ESG Mid-Cap Value ETF by 2.5% in the first quarter. Bank of New York Mellon Corp now owns 588,034 shares of the company’s stock valued at $22,798,000 after purchasing an additional 14,475 shares in the last quarter. Royal Bank of Canada lifted its holdings in Nuveen ESG Mid-Cap Value ETF by 4.4% during the 1st quarter. Royal Bank of Canada now owns 561,111 shares of the company’s stock worth $21,754,000 after buying an additional 23,603 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in Nuveen ESG Mid-Cap Value ETF during the 3rd quarter worth approximately $8,536,000. Envestnet Asset Management Inc. boosted its position in Nuveen ESG Mid-Cap Value ETF by 4.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 184,442 shares of the company’s stock valued at $8,021,000 after buying an additional 7,196 shares during the period. Finally, Canandaigua National Bank & Trust Co. purchased a new position in Nuveen ESG Mid-Cap Value ETF in the 2nd quarter valued at approximately $1,909,000.

Nuveen ESG Mid-Cap Value ETF Company Profile

The Nuveen ESG Mid-Cap Value ETF (NUMV) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Mid Cap Value index. The fund tracks an index of US mid-cap value stocks that score highly on environmental, social, and governance (ESG) criteria. The fund weighting uses a multi-factor optimizer. NUMV was launched on Dec 13, 2016 and is managed by Nuveen.