Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) Trading 1.5% Higher – Time to Buy?

Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG)’s share price was up 1.5% during trading on Monday . The stock traded as high as $42.75 and last traded at $42.15. Approximately 36,739 shares traded hands during mid-day trading, an increase of 10% from the average daily volume of 33,419 shares. The stock had previously closed at $41.51.

Nuveen ESG Mid-Cap Growth ETF Trading Up 1.5%

The business has a fifty day moving average price of $44.39 and a two-hundred day moving average price of $46.83. The firm has a market capitalization of $354.06 million, a PE ratio of 31.07 and a beta of 1.12.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Manning & Napier Advisors LLC purchased a new stake in shares of Nuveen ESG Mid-Cap Growth ETF in the 3rd quarter valued at approximately $37,000. MidAtlantic Capital Management Inc. purchased a new position in shares of Nuveen ESG Mid-Cap Growth ETF during the 4th quarter worth approximately $51,000. EP Wealth Advisors LLC acquired a new stake in Nuveen ESG Mid-Cap Growth ETF in the 2nd quarter valued at approximately $109,000. Farther Finance Advisors LLC increased its holdings in Nuveen ESG Mid-Cap Growth ETF by 263.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,269 shares of the company’s stock valued at $110,000 after purchasing an additional 1,645 shares during the last quarter. Finally, Abound Financial LLC purchased a new stake in Nuveen ESG Mid-Cap Growth ETF in the fourth quarter valued at approximately $158,000.

Nuveen ESG Mid-Cap Growth ETF Company Profile

The Nuveen ESG Mid-Cap Growth ETF (NUMG) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Mid Cap Growth index. The fund tracks an index composed of mid-cap US companies with growth characteristics that also meet certain environmental, social, and governance criteria. NUMG was launched on Dec 13, 2016 and is managed by Nuveen.