Nuveen ESG Small-Cap ETF (BATS:NUSC) Hits New 12-Month High – Still a Buy?

Shares of Nuveen ESG Small-Cap ETF (BATS:NUSC) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $53.28 and last traded at $53.24, with a volume of 11954 shares changing hands. The stock had previously closed at $52.88.

Nuveen ESG Small-Cap ETF Stock Up 0.4%

The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 19.39 and a beta of 1.05. The stock has a 50-day moving average price of $51.24 and a 200 day moving average price of $48.84.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Assetmark Inc. boosted its holdings in Nuveen ESG Small-Cap ETF by 2,050.2% in the fourth quarter. Assetmark Inc. now owns 259,489 shares of the company’s stock valued at $11,586,000 after purchasing an additional 247,421 shares in the last quarter. WCG Wealth Advisors LLC raised its holdings in Nuveen ESG Small-Cap ETF by 415.5% during the fourth quarter. WCG Wealth Advisors LLC now owns 221,614 shares of the company’s stock worth $9,895,000 after purchasing an additional 178,623 shares in the last quarter. TrueWealth Financial Partners purchased a new stake in shares of Nuveen ESG Small-Cap ETF during the 4th quarter worth approximately $5,563,000. Mission Wealth Management LP boosted its holdings in shares of Nuveen ESG Small-Cap ETF by 2.8% in the 4th quarter. Mission Wealth Management LP now owns 818,426 shares of the company’s stock valued at $36,543,000 after buying an additional 22,234 shares in the last quarter. Finally, PFG Investments LLC boosted its holdings in shares of Nuveen ESG Small-Cap ETF by 138.7% in the 1st quarter. PFG Investments LLC now owns 17,652 shares of the company’s stock valued at $795,000 after buying an additional 10,257 shares in the last quarter.

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.