Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) Trading Down 7.3% – Should You Sell?

Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG)’s stock price traded down 7.3% during mid-day trading on Thursday . The stock traded as low as $45.0750 and last traded at $42.4260. 32,562 shares were traded during trading, an increase of 22% from the average session volume of 26,691 shares. The stock had previously closed at $45.75.

Nuveen ESG Mid-Cap Growth ETF Stock Down 7.3%

The business has a 50-day moving average of $47.55 and a two-hundred day moving average of $48.00. The firm has a market capitalization of $356.38 million, a price-to-earnings ratio of 31.07 and a beta of 1.12.

Hedge Funds Weigh In On Nuveen ESG Mid-Cap Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp boosted its position in shares of Nuveen ESG Mid-Cap Growth ETF by 7.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 382,679 shares of the company’s stock valued at $18,541,000 after acquiring an additional 25,569 shares in the last quarter. Bank of America Corp DE lifted its stake in Nuveen ESG Mid-Cap Growth ETF by 4.7% during the second quarter. Bank of America Corp DE now owns 347,720 shares of the company’s stock worth $16,847,000 after purchasing an additional 15,602 shares during the period. Ameriprise Financial Inc. lifted its stake in Nuveen ESG Mid-Cap Growth ETF by 3.6% during the third quarter. Ameriprise Financial Inc. now owns 277,743 shares of the company’s stock worth $13,496,000 after purchasing an additional 9,708 shares during the period. Ameritas Advisory Services LLC acquired a new stake in Nuveen ESG Mid-Cap Growth ETF during the fourth quarter valued at approximately $3,351,000. Finally, Jones Financial Companies Lllp grew its stake in shares of Nuveen ESG Mid-Cap Growth ETF by 15.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 63,738 shares of the company’s stock valued at $3,112,000 after purchasing an additional 8,728 shares during the period.

Nuveen ESG Mid-Cap Growth ETF Company Profile

The Nuveen ESG Mid-Cap Growth ETF (NUMG) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Mid Cap Growth index. The fund tracks an index composed of mid-cap US companies with growth characteristics that also meet certain environmental, social, and governance criteria. NUMG was launched on Dec 13, 2016 and is managed by Nuveen.