UBS Group AG Cuts Stock Position in Nuveen ESG Emerging Markets Equity ETF $NUEM

UBS Group AG lessened its holdings in Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) by 60.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 77,360 shares of the company’s stock after selling 118,312 shares during the period. UBS Group AG’s holdings in Nuveen ESG Emerging Markets Equity ETF were worth $2,752,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Concurrent Investment Advisors LLC increased its stake in Nuveen ESG Emerging Markets Equity ETF by 87.0% in the 4th quarter. Concurrent Investment Advisors LLC now owns 17,628 shares of the company’s stock worth $627,000 after buying an additional 8,201 shares in the last quarter. TFC Financial Management Inc. increased its stake in Nuveen ESG Emerging Markets Equity ETF by 1.0% in the 4th quarter. TFC Financial Management Inc. now owns 292,752 shares of the company’s stock worth $10,416,000 after buying an additional 2,786 shares in the last quarter. Natural Investments LLC purchased a new position in shares of Nuveen ESG Emerging Markets Equity ETF during the fourth quarter valued at about $380,000. Assetmark Inc. grew its position in shares of Nuveen ESG Emerging Markets Equity ETF by 5.0% during the fourth quarter. Assetmark Inc. now owns 53,298 shares of the company’s stock valued at $1,896,000 after purchasing an additional 2,559 shares in the last quarter. Finally, Evolution Advisers Inc. grew its position in shares of Nuveen ESG Emerging Markets Equity ETF by 4.8% during the fourth quarter. Evolution Advisers Inc. now owns 63,377 shares of the company’s stock valued at $2,254,000 after purchasing an additional 2,892 shares in the last quarter.

Nuveen ESG Emerging Markets Equity ETF Price Performance

Shares of Nuveen ESG Emerging Markets Equity ETF stock opened at $40.92 on Tuesday. The firm has a market cap of $384.65 million, a price-to-earnings ratio of 14.73 and a beta of 0.62. The business has a 50-day moving average price of $39.08 and a 200-day moving average price of $37.86. Nuveen ESG Emerging Markets Equity ETF has a twelve month low of $30.44 and a twelve month high of $42.62.

Nuveen ESG Emerging Markets Equity ETF Profile

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.