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

Nuveen ESG Small-Cap ETF (BATS:NUSC) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 25,531 shares, a decline of 73.3% from the July 15th total of 95,626 shares. Based on an average daily trading volume, of 57,053 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Birchwood Financial Partners Inc. acquired a new stake in Nuveen ESG Small-Cap ETF during the 1st quarter valued at approximately $42,000. Smartleaf Asset Management LLC purchased a new stake in Nuveen ESG Small-Cap ETF during the 4th quarter worth approximately $43,000. EQ Wealth Advisors LLC acquired a new position in shares of Nuveen ESG Small-Cap ETF in the 4th quarter valued at approximately $62,000. Bartlett & CO. Wealth Management LLC raised its position in shares of Nuveen ESG Small-Cap ETF by 257.1% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 1,625 shares of the company’s stock valued at $79,000 after purchasing an additional 1,170 shares in the last quarter. Finally, Litman Gregory Wealth Management LLC acquired a new position in shares of Nuveen ESG Small-Cap ETF in the 4th quarter valued at approximately $89,000.

Nuveen ESG Small-Cap ETF Price Performance

BATS:NUSC opened at $53.27 on Friday. The firm has a 50-day moving average of $51.36 and a two-hundred day moving average of $48.91. The stock has a market cap of $1.49 billion, a P/E ratio of 19.39 and a beta of 1.05. Nuveen ESG Small-Cap ETF has a 1-year low of $41.71 and a 1-year high of $53.30.

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.