Nuveen ESG Small-Cap ETF (BATS:NUSC) Sets New 12-Month High – Time to Buy?

Nuveen ESG Small-Cap ETF (BATS:NUSC)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $43.07 and last traded at $42.49, with a volume of 67227 shares changing hands. The stock had previously closed at $42.08.

Nuveen ESG Small-Cap ETF Stock Performance

The company has a market capitalization of $1.24 billion, a P/E ratio of 15.74 and a beta of 1.17. The firm’s fifty day moving average is $43.66 and its 200 day moving average is $42.71.

Institutional Investors Weigh In On Nuveen ESG Small-Cap ETF

A number of institutional investors and hedge funds have recently modified their holdings of NUSC. Bank of New York Mellon Corp increased its stake in Nuveen ESG Small-Cap ETF by 18.8% in the fourth quarter. Bank of New York Mellon Corp now owns 294,396 shares of the company’s stock worth $12,330,000 after purchasing an additional 46,659 shares during the period. WealthShield Partners LLC increased its stake in Nuveen ESG Small-Cap ETF by 3.5% in the 4th quarter. WealthShield Partners LLC now owns 34,611 shares of the company’s stock worth $1,450,000 after buying an additional 1,156 shares during the period. Allodium Investment Consultants LLC bought a new stake in Nuveen ESG Small-Cap ETF during the 4th quarter valued at about $4,664,000. Abound Financial LLC bought a new stake in Nuveen ESG Small-Cap ETF during the 4th quarter valued at about $254,000. Finally, VisionPoint Advisory Group LLC purchased a new stake in Nuveen ESG Small-Cap ETF in the 4th quarter valued at about $55,000.

About Nuveen ESG Small-Cap ETF

The Nuveen ESG Small-Cap ETF (NUSC) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Small Cap index. The fund tracks a multi-factor-weighted index of small-cap companies listed on US exchanges. Holdings are screened for environmental, social, and governance (ESG) criteria. NUSC was launched on Dec 13, 2016 and is managed by Nuveen.