Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Sets New 52-Week High – Time to Buy?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $86.89 and last traded at $88.51, with a volume of 62213 shares. The stock had previously closed at $84.88.

Nuveen ESG Large-Cap Growth ETF Price Performance

The firm’s fifty day simple moving average is $87.99 and its 200 day simple moving average is $84.32. The company has a market capitalization of $1.58 billion, a PE ratio of 41.95 and a beta of 1.22.

Institutional Trading of Nuveen ESG Large-Cap Growth ETF

A number of hedge funds have recently modified their holdings of the stock. FMR LLC lifted its holdings in Nuveen ESG Large-Cap Growth ETF by 29.1% in the third quarter. FMR LLC now owns 3,441 shares of the company’s stock valued at $284,000 after acquiring an additional 775 shares during the period. Cerity Partners LLC boosted its holdings in Nuveen ESG Large-Cap Growth ETF by 14.9% during the third quarter. Cerity Partners LLC now owns 12,638 shares of the company’s stock worth $1,044,000 after buying an additional 1,641 shares in the last quarter. Assetmark Inc. grew its position in Nuveen ESG Large-Cap Growth ETF by 3.9% during the third quarter. Assetmark Inc. now owns 48,074 shares of the company’s stock valued at $3,972,000 after buying an additional 1,821 shares during the period. HTLF Bank increased its holdings in Nuveen ESG Large-Cap Growth ETF by 12.0% in the third quarter. HTLF Bank now owns 8,261 shares of the company’s stock valued at $683,000 after buying an additional 888 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in Nuveen ESG Large-Cap Growth ETF by 7.9% in the third quarter. MML Investors Services LLC now owns 10,473 shares of the company’s stock valued at $865,000 after buying an additional 765 shares in the last quarter.

Nuveen ESG Large-Cap Growth ETF Company Profile

The Nuveen ESG Large-Cap Growth ETF (NULG) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Large Cap Growth index. The fund tracks an index composed of large-cap US companies with growth characteristics that also meet certain environmental, social, and governance (ESG) criteria. NULG was launched on Dec 13, 2016 and is managed by Nuveen.