Allodium Investment Consultants LLC Purchases New Stake in Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM)

Allodium Investment Consultants LLC acquired a new position in shares of Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 72,253 shares of the company’s stock, valued at approximately $2,097,000. Nuveen ESG Emerging Markets Equity ETF makes up approximately 1.8% of Allodium Investment Consultants LLC’s holdings, making the stock its 16th largest position. Allodium Investment Consultants LLC owned approximately 0.76% of Nuveen ESG Emerging Markets Equity ETF at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of NUEM. Aptus Capital Advisors LLC acquired a new stake in shares of Nuveen ESG Emerging Markets Equity ETF during the 3rd quarter worth approximately $31,000. US Bancorp DE lifted its stake in Nuveen ESG Emerging Markets Equity ETF by 12.4% during the third quarter. US Bancorp DE now owns 6,013 shares of the company’s stock worth $187,000 after purchasing an additional 661 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in Nuveen ESG Emerging Markets Equity ETF during the fourth quarter worth $184,000. Sound Stewardship LLC bought a new stake in Nuveen ESG Emerging Markets Equity ETF during the third quarter worth $210,000. Finally, Penobscot Wealth Management lifted its stake in Nuveen ESG Emerging Markets Equity ETF by 20.7% during the third quarter. Penobscot Wealth Management now owns 8,486 shares of the company’s stock worth $263,000 after purchasing an additional 1,453 shares during the last quarter.

Nuveen ESG Emerging Markets Equity ETF Stock Up 7.2 %

Shares of NUEM stock opened at $30.39 on Friday. Nuveen ESG Emerging Markets Equity ETF has a twelve month low of $24.87 and a twelve month high of $31.87. The company has a market cap of $316.06 million, a P/E ratio of 13.26 and a beta of 0.68. The business has a fifty day simple moving average of $29.43 and a 200 day simple moving average of $29.85.

Nuveen ESG Emerging Markets Equity ETF Profile

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.