SPDR Nuveen Municipal Bond ESG ETF Price & Performance (MBNE)

The Spdr Nuveen Municipal Bond ESG ETF (MBNE) has been under close watch as technical indicators suggest varying trading strategies. Investors are advised to buy near $28.99 with a target of $29.68 or short near $29.68 with a downside target of $28.99. Resistance at $29.68 remains a critical level for traders.1

Farther Finance Advisors LLC reduced its position in Nuveen ESG Mid-Cap Value ETF (NUMV) by 27.3% during the fourth quarter. The firm now holds 2,000 shares worth $70,000. Despite this, other major investors have increased their holdings, signaling varied market sentiment for the ESG-focused ETF.2

Nuveen ESG Mid-Cap Value ETF (NUMV) opened at $34.00 recently and has a 52-week range of $31.92 to $38.47. With a P/E ratio of 18.74 and a beta of 1.12, the ETF continues to attract attention for its ESG-focused mid-cap strategy, even as some investors adjust their positions.2