Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM) Hits New 12-Month High – Should You Buy?

Nuveen ESG International Developed Markets Equity ETF (BATS:NUDM)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $38.3293 and last traded at $36.42, with a volume of 29617 shares. The stock had previously closed at $38.24.

Nuveen ESG International Developed Markets Equity ETF Price Performance

The stock has a market cap of $578.28 million, a P/E ratio of 16.48 and a beta of 0.86. The company’s 50 day simple moving average is $37.87 and its 200 day simple moving average is $36.87.

Institutional Investors Weigh In On Nuveen ESG International Developed Markets Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in NUDM. Prism Advisors Inc. boosted its holdings in shares of Nuveen ESG International Developed Markets Equity ETF by 4.0% in the 3rd quarter. Prism Advisors Inc. now owns 29,592 shares of the company’s stock valued at $1,113,000 after buying an additional 1,136 shares during the last quarter. Ledyard National Bank lifted its stake in Nuveen ESG International Developed Markets Equity ETF by 3.3% in the second quarter. Ledyard National Bank now owns 39,898 shares of the company’s stock valued at $1,416,000 after acquiring an additional 1,290 shares during the last quarter. Finally, Flow Traders U.S. LLC grew its position 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 acquiring an additional 68,163 shares during the period.

About Nuveen ESG International Developed Markets Equity ETF

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.