Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Sets New 1-Year High – Still a Buy?

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $37.4290 and last traded at $36.86, with a volume of 85663 shares traded. The stock had previously closed at $37.24.

Nuveen ESG International Developed Markets Equity ETF Stock Down 0.6%

The stock has a 50-day simple moving average of $37.45 and a 200 day simple moving average of $37.09. The company has a market cap of $588.46 million, a PE ratio of 16.48 and a beta of 0.86.

Hedge Funds Weigh In On Nuveen ESG International Developed Markets Equity ETF

Several large investors have recently made changes to their positions in NUDM. Prism Advisors Inc. lifted its stake in Nuveen ESG International Developed Markets Equity ETF by 4.0% during the third quarter. Prism Advisors Inc. now owns 29,592 shares of the company’s stock worth $1,113,000 after purchasing an additional 1,136 shares in the last quarter. Flow Traders U.S. LLC raised its holdings in shares of Nuveen ESG International Developed Markets Equity ETF by 76.7% in the 2nd quarter. Flow Traders U.S. LLC now owns 157,028 shares of the company’s stock valued at $5,573,000 after buying an additional 68,163 shares during the period. Finally, Ledyard National Bank lifted its stake in Nuveen ESG International Developed Markets Equity ETF by 3.3% during the 2nd quarter. Ledyard National Bank now owns 39,898 shares of the company’s stock worth $1,416,000 after acquiring an additional 1,290 shares in the last quarter.

Nuveen ESG International Developed Markets Equity ETF Company Profile

The Nuveen ESG International Developed Markets Equity ETF (NUDM) is an exchange-traded fund that is based on the MSCI TIAA ESG International DM index. The fund tracks an index of companies from developed countries, excluding the US and Canada, that align with various environmental, social, and governance principles. NUDM was launched on Jun 7, 2017 and is managed by Nuveen.