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

Shares of Nuveen ESG Small-Cap ETF (BATS:NUSC) hit a new 52-week high on Friday . The stock traded as high as $49.05 and last traded at $49.05, with a volume of 4878 shares trading hands. The stock had previously closed at $48.04.

Nuveen ESG Small-Cap ETF Stock Up 2.0%

The company has a market cap of $1.37 billion, a price-to-earnings ratio of 19.39 and a beta of 1.05. The firm has a 50 day moving average price of $46.56 and a two-hundred day moving average price of $45.70.

Institutional Investors Weigh In On Nuveen ESG Small-Cap ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Revolve Wealth Partners LLC grew its stake in Nuveen ESG Small-Cap ETF by 4.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 27,270 shares of the company’s stock valued at $1,142,000 after acquiring an additional 1,060 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of Nuveen ESG Small-Cap ETF in the first quarter valued at $217,000. Goldman Sachs Group Inc. bought a new stake in shares of Nuveen ESG Small-Cap ETF in the first quarter valued at $566,000. Baird Financial Group Inc. raised its stake in shares of Nuveen ESG Small-Cap ETF by 6.7% in the second quarter. Baird Financial Group Inc. now owns 12,596 shares of the company’s stock valued at $513,000 after buying an additional 787 shares during the period. Finally, Qube Research & Technologies Ltd bought a new stake in shares of Nuveen ESG Small-Cap ETF in the second quarter valued at $244,000.

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.