Wealthfront Advisers LLC Lowers Holdings in Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM)

Wealthfront Advisers LLC lowered its position in shares of Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) by 96.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,000 shares of the company’s stock after selling 919,094 shares during the quarter. Wealthfront Advisers LLC’s holdings in Nuveen ESG Emerging Markets Equity ETF were worth $871,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Aptus Capital Advisors LLC acquired a new stake in shares of Nuveen ESG Emerging Markets Equity ETF in the 3rd quarter valued at approximately $31,000. Heck Capital Advisors LLC purchased a new position in Nuveen ESG Emerging Markets Equity ETF in the fourth quarter worth $184,000. DAVENPORT & Co LLC lifted its holdings in Nuveen ESG Emerging Markets Equity ETF by 14.3% in the fourth quarter. DAVENPORT & Co LLC now owns 8,955 shares of the company’s stock valued at $260,000 after acquiring an additional 1,119 shares during the period. Concurrent Investment Advisors LLC boosted its position in shares of Nuveen ESG Emerging Markets Equity ETF by 30.2% during the 4th quarter. Concurrent Investment Advisors LLC now owns 9,484 shares of the company’s stock worth $275,000 after purchasing an additional 2,198 shares in the last quarter. Finally, Perigon Wealth Management LLC purchased a new position in shares of Nuveen ESG Emerging Markets Equity ETF in the 4th quarter valued at about $273,000.

Nuveen ESG Emerging Markets Equity ETF Trading Up 5.8 %

NUEM stock opened at $29.98 on Friday. The company’s 50-day moving average price is $29.50 and its 200 day moving average price is $29.92. 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 cap of $314.83 million, a P/E ratio of 14.98 and a beta of 0.70.

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.