Nuveen Esg Mid Cap Etf Profile

NUMG Etf  USD 50.67  0.22  0.43%   

Performance

19 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Nuveen ESG is trading at 50.67 as of the 28th of November 2024. This is a 0.43 percent decrease since the beginning of the trading day. The etf's lowest day price was 50.47. Nuveen ESG has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Nuveen ESG Mid Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in component securities of the index. Nushares ESG is traded on BATS Exchange in the United States. More on Nuveen ESG Mid Cap

Moving together with Nuveen Etf

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Nuveen Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationMid Cap ETFs, Size And Style ETFs, Mid-Cap Growth, Nuveen (View all Sectors)
IssuerNuveen
Inception Date2016-12-13
BenchmarkTIAA ESG USA Mid-Cap Growth Index
Entity TypeRegulated Investment Company
Asset Under Management455.38 Million
Average Trading Valume21,457.4
Asset TypeEquity
CategorySize and Style
FocusMid Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorBrown Brothers Harriman & Co.
AdvisorNuveen Fund Advisors, LLC
CustodianBrown Brothers Harriman & Co.
DistributorNuveen Securities, LLC
Portfolio ManagerPhilip James Campagna, Lei Liao
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Oct
ExchangeCboe BZX Exchange, Inc.
Number of Constituents41.0
Market MakerLatour Trading
Total Expense0.31
Management Fee0.3
Country NameUSA
Returns Y T D20.01
NameNuveen ESG Mid-Cap Growth ETF
Currency CodeUSD
Open FigiBBG00FJ5HK56
In Threey Volatility21.55
1y Volatility17.52
200 Day M A43.4162
50 Day M A46.0467
CodeNUMG
Updated At27th of November 2024
Currency NameUS Dollar
Nuveen ESG Mid Cap [NUMG] is traded in USA and was established 2016-12-13. The fund is listed under Mid-Cap Growth category and is part of Nuveen family. The entity is thematically classified as Mid Cap ETFs. Nuveen ESG Mid now have 299.72 M in assets. , while the total return for the last 3 years was 0.1%.
Check Nuveen ESG Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nuveen Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nuveen Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nuveen ESG Mid Cap Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Nuveen ESG Mid Cap Etf Constituents

LBRDKLiberty Broadband SrsStockCommunication Services
AKAMAkamai TechnologiesStockInformation Technology
KEYSKeysight TechnologiesStockInformation Technology
CMGChipotle Mexican GrillStockConsumer Discretionary
URIUnited RentalsStockIndustrials
PAYCPaycom SoftStockInformation Technology
FMCFMC CorporationStockMaterials
SWKSSkyworks SolutionsStockInformation Technology
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Nuveen ESG Top Holders

MMREXMainstay Esg Multi AssetMutual FundAllocation--50% to 70% Equity
MMCEXMainstay Esg Multi AssetMutual FundAllocation--50% to 70% Equity
MMAEXMainstay Esg Multi AssetMutual FundAllocation--50% to 70% Equity
MMPEXMainstay Esg Multi AssetMutual FundAllocation--50% to 70% Equity
MMTEXMainstay Esg Multi AssetMutual FundAllocation--50% to 70% Equity
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Nuveen ESG Mid Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nuveen ESG. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Nuveen ESG Mid Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Nuveen ESG Mid Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Nuveen ESG price patterns.

Nuveen ESG Against Markets

When determining whether Nuveen ESG Mid is a strong investment it is important to analyze Nuveen ESG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nuveen ESG's future performance. For an informed investment choice regarding Nuveen Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen ESG Mid Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Nuveen ESG Mid is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen ESG's value that differs from its market value or its book value, called intrinsic value, which is Nuveen ESG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuveen ESG's market value can be influenced by many factors that don't directly affect Nuveen ESG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuveen ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen ESG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.