Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) Stock Price Up 0.3% – Should You Buy?

Shares of Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) shot up 0.3% during mid-day trading on Wednesday . The company traded as high as $47.64 and last traded at $47.09. 12,782 shares were traded during trading, a decline of 60% from the average session volume of 31,660 shares. The stock had previously closed at $46.96.

Nuveen ESG Mid-Cap Growth ETF Price Performance

The company has a market cap of $395.56 million, a PE ratio of 31.07 and a beta of 1.12. The stock has a fifty day moving average price of $45.59 and a 200-day moving average price of $45.06.

Hedge Funds Weigh In On Nuveen ESG Mid-Cap Growth ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NUMG. Goldman Sachs Group Inc. boosted its holdings in Nuveen ESG Mid-Cap Growth ETF by 86.8% in the first quarter. Goldman Sachs Group Inc. now owns 37,269 shares of the company’s stock worth $1,600,000 after purchasing an additional 17,316 shares in the last quarter. Focus Partners Wealth raised its holdings in Nuveen ESG Mid-Cap Growth ETF by 8.4% during the first quarter. Focus Partners Wealth now owns 6,547 shares of the company’s stock valued at $281,000 after buying an additional 509 shares in the last quarter. Cerity Partners LLC acquired a new stake in shares of Nuveen ESG Mid-Cap Growth ETF in the second quarter worth about $781,000. NewEdge Advisors LLC boosted its stake in shares of Nuveen ESG Mid-Cap Growth ETF by 6.2% during the 2nd quarter. NewEdge Advisors LLC now owns 15,659 shares of the company’s stock worth $759,000 after acquiring an additional 921 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Nuveen ESG Mid-Cap Growth ETF by 30.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 268,035 shares of the company’s stock valued at $12,995,000 after acquiring an additional 63,029 shares during the last quarter.

About Nuveen ESG Mid-Cap Growth ETF

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.