Clarity Wealth Development LLC Invests $1.81 Million in Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM)

Clarity Wealth Development LLC acquired a new position in shares of Nuveen ESG Emerging Markets Equity ETF (BATS:NUEM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 61,944 shares of the company’s stock, valued at approximately $1,806,000. Nuveen ESG Emerging Markets Equity ETF comprises about 2.0% of Clarity Wealth Development LLC’s portfolio, making the stock its 13th largest holding.

Several other hedge funds have also added to or reduced their stakes in the business. Abacus Wealth Partners LLC lifted its stake in Nuveen ESG Emerging Markets Equity ETF by 4.4% in the fourth quarter. Abacus Wealth Partners LLC now owns 1,097,562 shares of the company’s stock worth $31,851,000 after purchasing an additional 46,342 shares during the last quarter. Lake Street Advisors Group LLC increased its position in shares of Nuveen ESG Emerging Markets Equity ETF by 0.7% in the fourth quarter. Lake Street Advisors Group LLC now owns 240,270 shares of the company’s stock valued at $6,973,000 after acquiring an additional 1,641 shares during the period. Colorado Capital Management Inc. increased its position in shares of Nuveen ESG Emerging Markets Equity ETF by 7.7% in the fourth quarter. Colorado Capital Management Inc. now owns 224,740 shares of the company’s stock valued at $6,522,000 after acquiring an additional 16,099 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in shares of Nuveen ESG Emerging Markets Equity ETF by 6.7% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 153,911 shares of the company’s stock valued at $4,466,000 after acquiring an additional 9,725 shares during the period. Finally, TFC Financial Management Inc. increased its position in shares of Nuveen ESG Emerging Markets Equity ETF by 18.9% in the fourth quarter. TFC Financial Management Inc. now owns 140,201 shares of the company’s stock valued at $4,069,000 after acquiring an additional 22,251 shares during the period.

Nuveen ESG Emerging Markets Equity ETF Trading Up 7.2 %

NUEM stock opened at $30.39 on Tuesday. Nuveen ESG Emerging Markets Equity ETF has a 12-month low of $25.71 and a 12-month high of $32.20. The firm’s 50-day moving average price is $29.52 and its two-hundred day moving average price is $29.94. The stock has a market capitalization of $319.10 million, a price-to-earnings 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.