Nuveen ESG Small-Cap ETF (BATS:NUSC) Sets New 1-Year High – Still a Buy?

Nuveen ESG Small-Cap ETF (BATS:NUSC)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $45.85 and last traded at $45.33, with a volume of 97840 shares. The stock had previously closed at $45.58.

Nuveen ESG Small-Cap ETF Stock Performance

The company’s fifty day moving average price is $43.79 and its 200 day moving average price is $41.77. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 15.74 and a beta of 1.17.

Institutional Investors Weigh In On Nuveen ESG Small-Cap ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV increased its stake in shares of Nuveen ESG Small-Cap ETF by 10.2% during the second quarter. Mercer Global Advisors Inc. ADV now owns 500,854 shares of the company’s stock valued at $19,704,000 after acquiring an additional 46,319 shares during the period. Envestnet Asset Management Inc. boosted its stake in Nuveen ESG Small-Cap ETF by 11.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 456,054 shares of the company’s stock valued at $17,941,000 after purchasing an additional 46,034 shares in the last quarter. Creative Planning increased its position in shares of Nuveen ESG Small-Cap ETF by 2.3% during the 2nd quarter. Creative Planning now owns 234,006 shares of the company’s stock valued at $9,206,000 after purchasing an additional 5,251 shares during the period. First Pacific Financial raised its stake in shares of Nuveen ESG Small-Cap ETF by 26.1% in the 3rd quarter. First Pacific Financial now owns 219,644 shares of the company’s stock worth $9,410,000 after buying an additional 45,408 shares in the last quarter. Finally, WCG Wealth Advisors LLC lifted its holdings in shares of Nuveen ESG Small-Cap ETF by 26.7% in the second quarter. WCG Wealth Advisors LLC now owns 159,833 shares of the company’s stock valued at $6,288,000 after buying an additional 33,654 shares during the period.

Nuveen ESG Small-Cap ETF Company Profile

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.