Nuveen ESG Small-Cap ETF (BATS:NUSC) Sees Large Decline in Short Interest

Nuveen ESG Small-Cap ETF (BATS:NUSC) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 12,903 shares, a drop of 67.6% from the May 14th total of 39,770 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 45,143 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Nuveen ESG Small-Cap ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Coldstream Capital Management Inc. lifted its stake in Nuveen ESG Small-Cap ETF by 85.6% in the 3rd quarter. Coldstream Capital Management Inc. now owns 199,206 shares of the company’s stock valued at $8,785,000 after purchasing an additional 91,871 shares during the last quarter. Assetmark Inc. lifted its stake in Nuveen ESG Small-Cap ETF by 2,050.2% in the 4th 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 during the last quarter. Boston Common Asset Management LLC bought a new position in Nuveen ESG Small-Cap ETF in the 4th quarter valued at approximately $19,861,000. WCG Wealth Advisors LLC lifted its stake in Nuveen ESG Small-Cap ETF by 415.5% in the 4th quarter. WCG Wealth Advisors LLC now owns 221,614 shares of the company’s stock valued at $9,895,000 after purchasing an additional 178,623 shares during the last quarter. Finally, TrueWealth Financial Partners bought a new position in Nuveen ESG Small-Cap ETF in the 4th quarter valued at approximately $5,563,000.

Nuveen ESG Small-Cap ETF Stock Performance

Shares of BATS NUSC traded up $0.49 during trading hours on Friday, hitting $51.09. 3,732 shares of the stock were exchanged, compared to its average volume of 107,594. The company has a market cap of $1.43 billion, a PE ratio of 19.39 and a beta of 1.05. The company’s fifty day simple moving average is $48.65 and its two-hundred day simple moving average is $47.11. Nuveen ESG Small-Cap ETF has a 1-year low of $39.24 and a 1-year high of $51.19.

About Nuveen ESG Small-Cap ETF

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.