NUDM Stock Summary and Trading Ideas (Nuveen Esg International Developed Markets Equity ETF | BATS:NUDM)

The Fund seeks to track the investment results, before fees and expenses, of the TIAA ESG International Developed Markets Equity Index (the Index ). The Fund employs a passive management (or indexing ) approach, investing all or substantially all of its assets in the securities represented in the Index in approximately the same proportions as the Index. The Index uses a rules-based methodology to arrive at a diversified portfolio of equity securities issued by companies located in countries with developed markets (excluding the U.S. and Canada) that adhere to predetermined ESG, controversial business involvement and low-carbon criteria. The Index is rebalanced quarterly.

Nuveen Esg International Developed Markets Equity ETF trades on the BATS stock market under the symbol NUDM.

As of April 22, 2024, NUDM stock price climbed to $29.95 with 30,873 million shares trading.

NUDM has a beta of 0.93, meaning it tends to be less sensitive to market movements. NUDM has a correlation of 0.67 to the broad based SPY ETF.

NUDM has a market cap of $410.32 million. This is considered a Small Cap stock.

In the last 3 years, NUDM stock traded as high as $33.29 and as low as $21.82.

NUDM has underperformed the market in the last year with a return of +6.9%, while the SPY ETF gained +22.3%. In the last 3 month period, NUDM fell short of the market, returning +3.7%, while SPY returned +3.9%. However, in the most recent 2 weeks NUDM has outperformed the stock market by returning -2.1%, while SPY returned -3.6%.

NUDM support price is $29.24 and resistance is $29.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NUDM stock will trade within this expected range on the day.