Nuveen ESG Emerging Markets Equity ETF $NUEM Stock: Abacus Wealth Partners LLC Decreases Position

Abacus Wealth Partners LLC decreased its position in Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) by 28.0% during the 3rd quarter, Holdings Channel reports. The firm owned 449,255 shares of the company’s stock after selling 174,809 shares during the quarter. Nuveen ESG Emerging Markets Equity ETF comprises about 2.2% of Abacus Wealth Partners LLC’s holdings, making the stock its 10th biggest position. Abacus Wealth Partners LLC’s holdings in Nuveen ESG Emerging Markets Equity ETF were worth $19,134,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Wealthfront Advisers LLC raised its stake in shares of Nuveen ESG Emerging Markets Equity ETF by 7.9% during the 1st quarter. Wealthfront Advisers LLC now owns 888,758 shares of the company’s stock worth $32,652,000 after buying an additional 64,985 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Nuveen ESG Emerging Markets Equity ETF by 6.1% in 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. Colorado Capital Management Inc. grew its stake in Nuveen ESG Emerging Markets Equity ETF by 1.5% in the 2nd quarter. Colorado Capital Management Inc. now owns 244,578 shares of the company’s stock valued at $10,379,000 after acquiring an additional 3,570 shares during the last quarter. Bank of America Corp DE grew its stake in Nuveen ESG Emerging Markets Equity ETF by 10.4% in the 1st quarter. Bank of America Corp DE now owns 260,304 shares of the company’s stock valued at $9,563,000 after acquiring an additional 24,617 shares during the last quarter. Finally, Allodium Investment Consultants LLC grew its stake in Nuveen ESG Emerging Markets Equity ETF by 4.6% in the 3rd quarter. Allodium Investment Consultants LLC now owns 84,619 shares of the company’s stock valued at $3,604,000 after acquiring an additional 3,723 shares during the last quarter.

Nuveen ESG Emerging Markets Equity ETF Stock Performance

BATS:NUEM traded up $0.91 during mid-day trading on Friday, hitting $37.50. 134,516 shares of the company’s stock traded hands, compared to its average volume of 40,594. The firm’s 50 day simple moving average is $41.52 and its 200 day simple moving average is $40.34. Nuveen ESG Emerging Markets Equity ETF has a 1 year low of $33.47 and a 1 year high of $44.66. The company has a market cap of $427.50 million, a PE ratio of 11.90 and a beta of 0.74.

Nuveen ESG Emerging Markets Equity ETF 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.