Arcus Capital Partners LLC Reduces Stock Position in Nuveen Short-Term REIT ETF $NURE

Arcus Capital Partners LLC cut its stake in Nuveen Short-Term REIT ETF (BATS:NURE) by 73.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,324 shares of the company’s stock after selling 20,214 shares during the period. Arcus Capital Partners LLC’s holdings in Nuveen Short-Term REIT ETF were worth $217,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. AE Wealth Management LLC grew its position in shares of Nuveen Short-Term REIT ETF by 3.6% in the first quarter. AE Wealth Management LLC now owns 13,831 shares of the company’s stock valued at $433,000 after purchasing an additional 487 shares during the last quarter. Blair William & Co. IL acquired a new stake in shares of Nuveen Short-Term REIT ETF in the first quarter valued at approximately $63,000. Royal Bank of Canada grew its position in shares of Nuveen Short-Term REIT ETF by 41.0% in the first quarter. Royal Bank of Canada now owns 12,440 shares of the company’s stock valued at $389,000 after purchasing an additional 3,618 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Nuveen Short-Term REIT ETF in the first quarter valued at approximately $1,332,000. Finally, KWB Wealth grew its position in shares of Nuveen Short-Term REIT ETF by 7.1% in the second quarter. KWB Wealth now owns 22,214 shares of the company’s stock valued at $695,000 after purchasing an additional 1,479 shares during the last quarter.

Nuveen Short-Term REIT ETF Stock Performance

Shares of NURE opened at $28.47 on Friday. The company has a market capitalization of $35.58 million, a price-to-earnings ratio of 32.22 and a beta of 0.96. The company’s 50 day simple moving average is $29.01 and its 200 day simple moving average is $29.44. Nuveen Short-Term REIT ETF has a 1 year low of $26.06 and a 1 year high of $35.14.

Nuveen Short-Term REIT ETF Company Profile

The Nuveen Short-Term REIT ETF (NURE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index composed of U.S. REITs that typically have shorter-term lease durations than average. NURE was launched on Dec 19, 2016 and is managed by Nuveen.