NuShares ESG International Developed Markets Equity ETF (BATS:NUDM) Shares Cross Below 200-Day Moving Average – What’s Next?

NuShares ESG International Developed Markets Equity ETF (BATS:NUDM)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $32.08 and traded as low as $31.11. NuShares ESG International Developed Markets Equity ETF shares last traded at $31.33, with a volume of 44,667 shares changing hands.

NuShares ESG International Developed Markets Equity ETF Stock Performance

The stock has a 50 day moving average of $32.62 and a 200-day moving average of $32.08. The firm has a market capitalization of $429.77 million, a P/E ratio of 17.50 and a beta of 0.85.

Hedge Funds Weigh In On NuShares ESG International Developed Markets Equity ETF

Institutional investors have recently added to or reduced their stakes in the company. Anchor Investment Management LLC bought a new position in NuShares ESG International Developed Markets Equity ETF in the second quarter worth $49,000. Mascoma Wealth Management LLC bought a new position in NuShares ESG International Developed Markets Equity ETF in the second quarter worth $112,000. Captrust Financial Advisors raised its holdings in NuShares ESG International Developed Markets Equity ETF by 3.4% in the third quarter. Captrust Financial Advisors now owns 19,265 shares of the company’s stock worth $648,000 after purchasing an additional 642 shares in the last quarter. Prism Advisors Inc. raised its holdings in NuShares ESG International Developed Markets Equity ETF by 5.5% in the second quarter. Prism Advisors Inc. now owns 26,025 shares of the company’s stock worth $810,000 after purchasing an additional 1,360 shares in the last quarter. Finally, Ledyard National Bank raised its holdings in NuShares ESG International Developed Markets Equity ETF by 35.0% in the third quarter. Ledyard National Bank now owns 28,372 shares of the company’s stock worth $955,000 after purchasing an additional 7,358 shares in the last quarter.

About NuShares ESG International Developed Markets Equity ETF

The Nuveen ESG International Developed Markets Equity ETF (NUDM) is an exchange-traded fund that is based on the MSCI TIAA ESG International DM index. The fund tracks an index of companies from developed countries, excluding the US and Canada, that align with various environmental, social, and governance principles.