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

Shares of Nuveen ESG Small-Cap ETF (BATS:NUSC) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $44.90 and last traded at $44.61, with a volume of 61547 shares trading hands. The stock had previously closed at $44.51.

Nuveen ESG Small-Cap ETF Trading Up 0.3 %

The firm has a 50 day moving average price of $44.05 and a 200 day moving average price of $41.94. The stock has a market capitalization of $1.27 billion, a PE ratio of 15.74 and a beta of 1.17.

Hedge Funds Weigh In On Nuveen ESG Small-Cap ETF

A number of hedge funds have recently modified their holdings of NUSC. Mercer Global Advisors Inc. ADV raised its stake in Nuveen ESG Small-Cap ETF by 10.2% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 500,854 shares of the company’s stock valued at $19,704,000 after purchasing an additional 46,319 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Nuveen ESG Small-Cap ETF by 11.2% during the second quarter. Envestnet Asset Management Inc. now owns 456,054 shares of the company’s stock valued at $17,941,000 after buying an additional 46,034 shares during the last quarter. First Pacific Financial lifted its holdings in shares of Nuveen ESG Small-Cap ETF by 26.1% in the third quarter. First Pacific Financial now owns 219,644 shares of the company’s stock worth $9,410,000 after buying an additional 45,408 shares in the last quarter. WCG Wealth Advisors LLC boosted its position in shares of Nuveen ESG Small-Cap ETF by 26.7% during the second quarter. WCG Wealth Advisors LLC now owns 159,833 shares of the company’s stock worth $6,288,000 after acquiring an additional 33,654 shares during the last quarter. Finally, Westfuller Advisors LLC purchased a new position in Nuveen ESG Small-Cap ETF during the third quarter valued at $1,434,000.

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.