Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) Sees Significant Decline in Short Interest

Nuveen ESG Mid-Cap Growth ETF (BATS:NUMGGet Free Report) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 5,039 shares, a decrease of 80.8% from the April 30th total of 26,229 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 23,533 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Nuveen ESG Mid-Cap Growth ETF

A number of large investors have recently modified their holdings of the company. Ameritas Advisory Services LLC purchased a new stake in shares of Nuveen ESG Mid-Cap Growth ETF during the 4th quarter worth $3,351,000. Ameriprise Financial Inc. increased its holdings in Nuveen ESG Mid-Cap Growth ETF by 30.7% in the second quarter. Ameriprise Financial Inc. now owns 268,035 shares of the company’s stock valued at $12,995,000 after buying an additional 63,029 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Nuveen ESG Mid-Cap Growth ETF by 15.1% in the fourth quarter. Bank of New York Mellon Corp now owns 463,180 shares of the company’s stock valued at $22,114,000 after buying an additional 60,811 shares in the last quarter. WCG Wealth Advisors LLC purchased a new stake in Nuveen ESG Mid-Cap Growth ETF during the 4th quarter worth about $2,069,000. Finally, Morgan Stanley lifted its holdings in Nuveen ESG Mid-Cap Growth ETF by 3.8% during the 4th quarter. Morgan Stanley now owns 1,165,326 shares of the company’s stock worth $55,636,000 after buying an additional 42,864 shares during the last quarter.

Nuveen ESG Mid-Cap Growth ETF Stock Up 1.8%

Shares of NUMG stock traded up $0.83 during mid-day trading on Friday, hitting $47.26. 20,382 shares of the stock were exchanged, compared to its average volume of 31,469. The firm has a fifty day moving average of $43.64 and a 200 day moving average of $45.23. Nuveen ESG Mid-Cap Growth ETF has a 52-week low of $39.58 and a 52-week high of $49.79. The company has a market cap of $396.98 million, a PE ratio of 31.07 and a beta of 1.12.

Nuveen ESG Mid-Cap Growth ETF Company Profile

(Get Free Report)

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.

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