Avalon Trust Co Purchases New Stake in Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM)

Avalon Trust Co acquired a new position in shares of Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,157 shares of the company’s stock, valued at approximately $34,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Greykasell Wealth Strategies Inc. bought a new stake in shares of Nuveen ESG Emerging Markets Equity ETF during the fourth quarter worth approximately $258,000. Commonwealth Equity Services LLC boosted its stake in Nuveen ESG Emerging Markets Equity ETF by 39.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 20,205 shares of the company’s stock valued at $586,000 after purchasing an additional 5,760 shares during the period. Penobscot Wealth Management grew its holdings in Nuveen ESG Emerging Markets Equity ETF by 26.3% in the 4th quarter. Penobscot Wealth Management now owns 10,722 shares of the company’s stock valued at $311,000 after buying an additional 2,236 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its position in Nuveen ESG Emerging Markets Equity ETF by 15.0% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 102,052 shares of the company’s stock worth $2,962,000 after buying an additional 13,280 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Nuveen ESG Emerging Markets Equity ETF during the fourth quarter worth $522,000.

Nuveen ESG Emerging Markets Equity ETF Stock Performance

NUEM stock opened at $29.98 on Monday. Nuveen ESG Emerging Markets Equity ETF has a 52 week low of $24.87 and a 52 week high of $31.87. The company has a market capitalization of $314.83 million, a PE ratio of 14.98 and a beta of 0.70. The company’s 50-day simple moving average is $29.50 and its 200 day simple moving average is $29.93.

About Nuveen ESG Emerging Markets Equity ETF

The Nuveen ESG Emerging Markets Equity ETF (NUEM) is an exchange-traded fund that is based on the MSCI TIAA ESG Emerging Markets index. The fund tracks an index of large- and mid-cap emerging-market stocks that score highly on environmental, social, and governance (ESG) criteria. The index is optimized for market-like risk and return characteristics.