Verus Advisory Inc. Purchases New Position in Nuveen ESG Emerging Markets Equity ETF $NUEM

Verus Advisory Inc. acquired a new stake in Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 19,239 shares of the company’s stock, valued at approximately $686,000. Nuveen ESG Emerging Markets Equity ETF accounts for approximately 0.4% of Verus Advisory Inc.’s investment portfolio, making the stock its 7th biggest holding. Verus Advisory Inc. owned about 0.20% of Nuveen ESG Emerging Markets Equity ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC acquired a new position in Nuveen ESG Emerging Markets Equity ETF in the fourth quarter worth $27,000. Millstone Evans Group LLC acquired a new position in Nuveen ESG Emerging Markets Equity ETF during the 4th quarter valued at about $34,000. MAI Capital Management increased its stake in shares of Nuveen ESG Emerging Markets Equity ETF by 1,095.4% during the third quarter. MAI Capital Management now owns 1,554 shares of the company’s stock valued at $55,000 after acquiring an additional 1,424 shares during the period. Advisory Services Network LLC acquired a new position in shares of Nuveen ESG Emerging Markets Equity ETF during the 3rd quarter valued at $70,000. Finally, Lockerman Financial Group Inc. bought a new stake in Nuveen ESG Emerging Markets Equity ETF in the fourth quarter worth about $204,000.

Nuveen ESG Emerging Markets Equity ETF Stock Performance

Nuveen ESG Emerging Markets Equity ETF stock opened at $43.68 on Friday. Nuveen ESG Emerging Markets Equity ETF has a 1 year low of $31.87 and a 1 year high of $43.68. The firm has a market cap of $410.59 million, a price-to-earnings ratio of 14.73 and a beta of 0.62. The firm’s 50 day moving average price is $41.11 and its two-hundred day moving average price is $38.55.

Nuveen ESG Emerging Markets Equity ETF Company Profile

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.