Nuveen ESG Small-Cap ETF (BATS:NUSC) Trading 8.3% Higher – Should You Buy?

Nuveen ESG Small-Cap ETF (BATS:NUSC) shares were up 8.3% during trading on Friday . The company traded as high as $43.07 and last traded at $45.5680. Approximately 67,227 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 85,065 shares. The stock had previously closed at $42.08.

Nuveen ESG Small-Cap ETF Price Performance

The company has a 50 day moving average of $44.68 and a two-hundred day moving average of $43.20. The company has a market capitalization of $1.27 billion, a PE ratio of 19.39 and a beta of 1.05.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of NUSC. Bank of America Corp DE grew its holdings in Nuveen ESG Small-Cap ETF by 0.3% in the third quarter. Bank of America Corp DE now owns 6,280,149 shares of the company’s stock worth $276,955,000 after purchasing an additional 21,507 shares during the period. TIAA Trust National Association boosted its position in shares of Nuveen ESG Small-Cap ETF by 1.9% in the 3rd quarter. TIAA Trust National Association now owns 1,495,268 shares of the company’s stock worth $65,941,000 after purchasing an additional 27,673 shares in the last quarter. Abacus Wealth Partners LLC grew its stake in shares of Nuveen ESG Small-Cap ETF by 4.2% in the 3rd quarter. Abacus Wealth Partners LLC now owns 1,345,941 shares of the company’s stock worth $59,356,000 after buying an additional 53,965 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in Nuveen ESG Small-Cap ETF by 74.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,184,440 shares of the company’s stock valued at $52,233,000 after buying an additional 505,039 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in Nuveen ESG Small-Cap ETF by 2.0% during the first quarter. Royal Bank of Canada now owns 990,926 shares of the company’s stock valued at $37,993,000 after buying an additional 19,780 shares during the last quarter.

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.