Nuveen ESG Small-Cap ETF (BATS:NUSC) Hits New 52-Week High – Still a Buy?

Nuveen ESG Small-Cap ETF (BATS:NUSC) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $49.73 and last traded at $49.67, with a volume of 36240 shares trading hands. The stock had previously closed at $49.25.

Nuveen ESG Small-Cap ETF Stock Performance

The firm’s 50 day moving average is $46.76 and its 200-day moving average is $46.12. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 19.39 and a beta of 1.05.

Hedge Funds Weigh In On Nuveen ESG Small-Cap ETF

A number of large investors have recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in Nuveen ESG Small-Cap ETF by 0.3% in the 3rd quarter. Bank of America Corp DE now owns 6,280,149 shares of the company’s stock worth $276,955,000 after purchasing an additional 21,507 shares during the period. TIAA Trust National Association raised its holdings in Nuveen ESG Small-Cap ETF by 1.9% in the 3rd quarter. TIAA Trust National Association now owns 1,495,268 shares of the company’s stock worth $65,941,000 after purchasing an additional 27,673 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in Nuveen ESG Small-Cap ETF by 24.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 1,479,568 shares of the company’s stock worth $66,063,000 after purchasing an additional 295,128 shares during the period. Abacus Wealth Partners LLC raised its holdings in Nuveen ESG Small-Cap ETF by 4.4% in the 4th quarter. Abacus Wealth Partners LLC now owns 1,405,775 shares of the company’s stock worth $62,788,000 after purchasing an additional 59,834 shares during the period. Finally, Royal Bank of Canada raised its holdings in Nuveen ESG Small-Cap ETF by 4.1% in the 4th quarter. Royal Bank of Canada now owns 1,035,383 shares of the company’s stock worth $46,230,000 after purchasing an additional 40,614 shares during the period.

About Nuveen ESG Small-Cap ETF

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.