Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) Stock Short Interest Falls 95.7%

Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 10,691 shares, a decrease of 95.7% from the September 15th total of 251,269 shares. Based on an average trading volume of 151,468 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada grew its holdings in shares of Nuveen ESG Emerging Markets Equity ETF by 4.6% during the first quarter. Royal Bank of Canada now owns 9,019 shares of the company’s stock worth $331,000 after buying an additional 399 shares in the last quarter. Clarity Wealth Development LLC lifted its stake in Nuveen ESG Emerging Markets Equity ETF by 0.9% in the 4th quarter. Clarity Wealth Development LLC now owns 58,618 shares of the company’s stock valued at $2,086,000 after acquiring an additional 521 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Nuveen ESG Emerging Markets Equity ETF by 5.9% in the 1st quarter. NewEdge Advisors LLC now owns 10,840 shares of the company’s stock valued at $398,000 after acquiring an additional 600 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in Nuveen ESG Emerging Markets Equity ETF during the 2nd quarter worth approximately $27,000. Finally, Allworth Financial LP boosted its position in Nuveen ESG Emerging Markets Equity ETF by 49.2% during the 2nd quarter. Allworth Financial LP now owns 3,734 shares of the company’s stock worth $158,000 after acquiring an additional 1,232 shares during the last quarter.

Nuveen ESG Emerging Markets Equity ETF Price Performance

BATS:NUEM opened at $42.33 on Friday. Nuveen ESG Emerging Markets Equity ETF has a fifty-two week low of $33.47 and a fifty-two week high of $44.66. The stock has a market capitalization of $397.90 million, a PE ratio of 14.73 and a beta of 0.62. The business’s 50-day simple moving average is $42.50 and its 200-day simple moving average is $41.17.

About Nuveen ESG Emerging Markets Equity ETF

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.