Nuveen Short-Term REIT ETF (BATS:NURE) Stock Price Down 0.5%

Nuveen Short-Term REIT ETF (BATS:NURE)’s stock price fell 0.5% on Friday . The stock traded as low as $28.57 and last traded at $28.60. 7,398 shares changed hands during mid-day trading, The stock had previously closed at $28.74.

Nuveen Short-Term REIT ETF Stock Performance

The firm has a market cap of $50.04 million, a price-to-earnings ratio of 60.69 and a beta of 0.92. The business’s 50 day moving average price is $29.88 and its 200 day moving average price is $29.89.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE lifted its position in shares of Nuveen Short-Term REIT ETF by 3.7% during the 4th quarter. Bank of America Corp DE now owns 378,994 shares of the company’s stock valued at $10,771,000 after buying an additional 13,410 shares in the last quarter. Hedeker Wealth LLC lifted its holdings in Nuveen Short-Term REIT ETF by 6.5% in the 1st quarter. Hedeker Wealth LLC now owns 119,581 shares of the company’s stock valued at $3,554,000 after purchasing an additional 7,266 shares in the last quarter. Van ECK Associates Corp lifted its holdings in Nuveen Short-Term REIT ETF by 190.6% in the 2nd quarter. Van ECK Associates Corp now owns 108,926 shares of the company’s stock valued at $3,314,000 after purchasing an additional 71,437 shares in the last quarter. Citadel Advisors LLC lifted its holdings in Nuveen Short-Term REIT ETF by 9.0% in the 3rd quarter. Citadel Advisors LLC now owns 39,372 shares of the company’s stock valued at $1,170,000 after purchasing an additional 3,262 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in Nuveen Short-Term REIT ETF by 8.5% in the 2nd quarter. LPL Financial LLC now owns 37,088 shares of the company’s stock valued at $1,128,000 after purchasing an additional 2,898 shares in the last quarter.

About Nuveen Short-Term REIT ETF

The Nuveen Short-Term REIT ETF (NURE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index composed of U.S. REITs that typically have shorter-term lease durations than average. NURE was launched on Dec 19, 2016 and is managed by Nuveen.