Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) Shares Shorted: Short Interest Up 1,686.4% in September

by · The Markets Daily

Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM – Get Free Report) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 251,269 shares, a growth of 1,686.4% from the August 31st total of 14,066 shares. Based on an average daily trading volume, of 60,020 shares, the short-interest ratio is presently 4.2 days. Approximately 2.7% of the shares of the stock are sold short.

Institutional Investors Weigh In On Nuveen ESG Emerging Markets Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted 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 valued at $15,487,000 after purchasing an additional 21,026 shares in the last quarter. Allworth Financial LP raised its holdings 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 purchasing an additional 1,232 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Nuveen ESG Emerging Markets Equity ETF in the 2nd quarter worth approximately $27,000. Natural Investments LLC lifted its stake in Nuveen ESG Emerging Markets Equity ETF by 57.1% during the second quarter. Natural Investments LLC now owns 16,662 shares of the company’s stock valued at $707,000 after purchasing an additional 6,054 shares during the last quarter. Finally, Colorado Capital Management Inc. lifted its stake in Nuveen ESG Emerging Markets Equity ETF by 1.5% during the second quarter. Colorado Capital Management Inc. now owns 244,578 shares of the company’s stock valued at $10,379,000 after purchasing an additional 3,570 shares during the last quarter.

Nuveen ESG Emerging Markets Equity ETF Price Performance

Shares of Nuveen ESG Emerging Markets Equity ETF stock traded down $0.30 during trading on Thursday, hitting $42.69. The stock had a trading volume of 603,280 shares, compared to its average volume of 34,393. The firm has a market cap of $401.29 million, a P/E ratio of 14.73 and a beta of 0.62. The business has a fifty day moving average of $41.81 and a two-hundred day moving average of $40.68. Nuveen ESG Emerging Markets Equity ETF has a fifty-two week low of $33.47 and a fifty-two week high of $44.66.

Nuveen ESG Emerging Markets Equity ETF Company Profile

(Get Free Report)

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.

Featured Stories