Nuveen ESG Small-Cap ETF (BATS:NUSC) Sees Significant Drop in Short Interest

Nuveen ESG Small-Cap ETF (BATS:NUSC) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 25,531 shares, a drop of 73.3% from the July 15th total of 95,626 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 57,053 shares, the short-interest ratio is presently 0.4 days.

Nuveen ESG Small-Cap ETF Price Performance

BATS:NUSC opened at $52.88 on Thursday. The business has a 50 day moving average of $51.24 and a 200 day moving average of $48.84. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 19.39 and a beta of 1.05. Nuveen ESG Small-Cap ETF has a 1-year low of $41.71 and a 1-year high of $53.18.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Assetmark Inc. grew its holdings in shares of Nuveen ESG Small-Cap ETF by 2,050.2% during the 4th quarter. Assetmark Inc. now owns 259,489 shares of the company’s stock valued at $11,586,000 after purchasing an additional 247,421 shares during the last quarter. WCG Wealth Advisors LLC raised its position in Nuveen ESG Small-Cap ETF by 415.5% in the 4th quarter. WCG Wealth Advisors LLC now owns 221,614 shares of the company’s stock worth $9,895,000 after purchasing an additional 178,623 shares during the period. TrueWealth Financial Partners bought a new stake in Nuveen ESG Small-Cap ETF in the fourth quarter worth $5,563,000. Mission Wealth Management LP lifted its stake in Nuveen ESG Small-Cap ETF by 2.8% in the fourth quarter. Mission Wealth Management LP now owns 818,426 shares of the company’s stock worth $36,543,000 after purchasing an additional 22,234 shares during the last quarter. Finally, PFG Investments LLC boosted its position in Nuveen ESG Small-Cap ETF by 138.7% during the first quarter. PFG Investments LLC now owns 17,652 shares of the company’s stock valued at $795,000 after buying an additional 10,257 shares during the period.

Nuveen ESG Small-Cap ETF Company Profile

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.