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

Nuveen ESG Mid-Cap Growth ETF (BATS:NUMG) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 4,012 shares, a drop of 55.6% from the June 15th total of 9,032 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 53,079 shares, the days-to-cover ratio is presently 0.1 days.

Nuveen ESG Mid-Cap Growth ETF Stock Up 0.2%

Shares of BATS NUMG opened at $47.05 on Wednesday. The stock has a market capitalization of $395.22 million, a price-to-earnings ratio of 31.07 and a beta of 1.12. Nuveen ESG Mid-Cap Growth ETF has a 52 week low of $39.58 and a 52 week high of $49.79. The firm has a 50-day moving average price of $46.14 and a 200 day moving average price of $44.99.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of NUMG. Goldman Sachs Group Inc. grew its position in shares of Nuveen ESG Mid-Cap Growth ETF by 86.8% in the first quarter. Goldman Sachs Group Inc. now owns 37,269 shares of the company’s stock valued at $1,600,000 after purchasing an additional 17,316 shares during the period. Focus Partners Wealth lifted its position in Nuveen ESG Mid-Cap Growth ETF by 8.4% during the first quarter. Focus Partners Wealth now owns 6,547 shares of the company’s stock worth $281,000 after buying an additional 509 shares during the period. Cerity Partners LLC purchased a new position in Nuveen ESG Mid-Cap Growth ETF during the second quarter worth about $781,000. NewEdge Advisors LLC boosted its stake in Nuveen ESG Mid-Cap Growth ETF by 6.2% in the 2nd quarter. NewEdge Advisors LLC now owns 15,659 shares of the company’s stock worth $759,000 after buying an additional 921 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Nuveen ESG Mid-Cap Growth ETF by 30.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 268,035 shares of the company’s stock worth $12,995,000 after buying an additional 63,029 shares during the last quarter.

About Nuveen ESG Mid-Cap Growth ETF

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.