Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) Sees Significant Growth in Short Interest

Nuveen ESG Mid-Cap Value ETF (BATS:NUMV) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 17,794 shares, a growth of 103.3% from the July 30th total of 8,753 shares. Based on an average trading volume of 17,477 shares, the short-interest ratio is presently 1.0 days. Approximately 0.2% of the shares of the stock are sold short.

Nuveen ESG Mid-Cap Value ETF Price Performance

NUMV opened at $45.08 on Monday. The firm has a market cap of $468.83 million, a PE ratio of 18.60 and a beta of 1.01. The business has a fifty day simple moving average of $44.49 and a 200-day simple moving average of $42.19. Nuveen ESG Mid-Cap Value ETF has a fifty-two week low of $37.40 and a fifty-two week high of $45.89.

Institutional Investors Weigh In On Nuveen ESG Mid-Cap Value ETF

Several hedge funds have recently modified their holdings of the stock. Cornerstone Financial Management LLC increased its stake in Nuveen ESG Mid-Cap Value ETF by 3.6% in the 2nd quarter. Cornerstone Financial Management LLC now owns 9,724 shares of the company’s stock worth $423,000 after purchasing an additional 336 shares in the last quarter. Natural Investments LLC purchased a new stake in Nuveen ESG Mid-Cap Value ETF during the second quarter valued at about $215,000. Canandaigua National Bank & Trust Co. purchased a new stake in Nuveen ESG Mid-Cap Value ETF during the second quarter valued at about $1,909,000. Parallel Advisors LLC boosted its holdings in shares of Nuveen ESG Mid-Cap Value ETF by 3.5% in the first quarter. Parallel Advisors LLC now owns 14,636 shares of the company’s stock worth $567,000 after buying an additional 500 shares during the period. Finally, Ipsen Advisor Group LLC raised its holdings in shares of Nuveen ESG Mid-Cap Value ETF by 6.1% during the first quarter. Ipsen Advisor Group LLC now owns 6,652 shares of the company’s stock valued at $258,000 after acquiring an additional 381 shares during the period.

Nuveen ESG Mid-Cap Value ETF Company Profile

The Nuveen ESG Mid-Cap Value ETF (NUMV) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Mid Cap Value index. The fund tracks an index of US mid-cap value stocks that score highly on environmental, social, and governance (ESG) criteria. The fund weighting uses a multi-factor optimizer. NUMV was launched on Dec 13, 2016 and is managed by Nuveen.