Is Nuveen ESG Small-Cap ETF (NUSC) a Strong ETF Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 27 2024
0mins
Source: NASDAQ.COM
- Debut of Nuveen ESG Small-Cap ETF (NUSC): A smart beta exchange-traded fund offering broad exposure to the Small Cap Growth category debuted on 12/13/2016.
- Smart Beta ETFs: These ETFs track non-cap weighted strategies, aiming to outperform the market through stock selection based on fundamental characteristics or a combination thereof.
- Fund Details: Managed by Nuveen, NUSC has over $1.11 billion in assets and seeks to match the TIAA ESG Small-Cap Index performance with an expense ratio of 0.31%.
- Sector Exposure and Top Holdings: NUSC has significant allocations in Industrials, Consumer Discretionary, and Financials sectors, with top holdings including SCI, MUSA, and EME.
- Performance and Risk: Year-to-date, NUSC has lost -0.28%, up 10.28% over the last 12 months, with a beta of 1.14 and standard deviation of 21.45% for the trailing three-year period.
Analyst Views on EME
Wall Street analysts forecast EME stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EME is 713.00 USD with a low forecast of 713.00 USD and a high forecast of 713.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 702.890
Low
713.00
Averages
713.00
High
713.00
Current: 702.890
Low
713.00
Averages
713.00
High
713.00
About EME
EMCOR Group, Inc. is a specialty contractor in the United States and a provider of electrical and mechanical construction and facilities services, building services, and industrial services. The Company’s services are provided to a range of commercial, technology, manufacturing, industrial, healthcare, utility, and institutional customers through approximately 100 operating subsidiaries. Such operating subsidiaries are organized into the various reportable segments, including the United States electrical construction and facilities services, United States mechanical construction and facilities services, United States building services, and United States industrial services. Its electrical and mechanical construction services primarily involve the design, integration, installation, start-up, operation and maintenance, and provision of services relating to roadway and transit lighting and signaling and fiber optic lines, and fire protection and suppression systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
