Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) Shares Shorted: Short Interest Down 95.7% in September

Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 10,691 shares, a decline of 95.7% from the September 15th total of 251,269 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 151,468 shares, the short-interest ratio is currently 0.1 days.

Nuveen ESG Emerging Markets Equity ETF Trading Up 0.9%

NUEM traded up $0.38 during trading hours on Friday, hitting $42.33. The company’s stock had a trading volume of 19,187 shares, compared to its average volume of 37,762. The company has a 50-day simple moving average of $42.50 and a 200 day simple moving average of $41.17. The firm has a market capitalization of $397.90 million, a PE ratio of 14.73 and a beta of 0.62. Nuveen ESG Emerging Markets Equity ETF has a fifty-two week low of $33.47 and a fifty-two week high of $44.66.

Institutional Investors Weigh In On Nuveen ESG Emerging Markets Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its position in Nuveen ESG Emerging Markets Equity ETF by 180.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,514 shares of the company’s stock valued at $235,000 after buying an additional 3,551 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Nuveen ESG Emerging Markets Equity ETF by 6.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 364,940 shares of the company’s stock worth $15,487,000 after buying an additional 21,026 shares in the last quarter. Allworth Financial LP lifted its stake in shares of Nuveen ESG Emerging Markets Equity ETF by 49.2% in the 2nd quarter. Allworth Financial LP now owns 3,734 shares of the company’s stock worth $158,000 after acquiring an additional 1,232 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of Nuveen ESG Emerging Markets Equity ETF in the 2nd quarter worth approximately $27,000. Finally, Natural Investments LLC boosted its holdings in shares of Nuveen ESG Emerging Markets Equity ETF by 57.1% in the second quarter. Natural Investments LLC now owns 16,662 shares of the company’s stock valued at $707,000 after acquiring an additional 6,054 shares in the last quarter.

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.