Nuveen ESG Large-Cap Value ETF (BATS:NULV) Reaches New 1-Year High – Time to Buy?

Nuveen ESG Large-Cap Value ETF (BATS:NULV)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $53.64 and last traded at $53.64, with a volume of 1784 shares. The stock had previously closed at $53.11.

Nuveen ESG Large-Cap Value ETF Price Performance

The company’s 50 day moving average price is $50.97 and its two-hundred day moving average price is $48.85. The stock has a market capitalization of $2.22 billion, a PE ratio of 19.82 and a beta of 0.87.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Revolve Wealth Partners LLC grew its position in shares of Nuveen ESG Large-Cap Value ETF by 9.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 36,241 shares of the company’s stock valued at $1,427,000 after purchasing an additional 3,009 shares in the last quarter. Royal Bank of Canada lifted its position in Nuveen ESG Large-Cap Value ETF by 5.0% during the first quarter. Royal Bank of Canada now owns 106,962 shares of the company’s stock worth $4,331,000 after buying an additional 5,106 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in Nuveen ESG Large-Cap Value ETF during the first quarter worth approximately $7,521,000. Cerity Partners LLC boosted its stake in Nuveen ESG Large-Cap Value ETF by 8.4% during the second quarter. Cerity Partners LLC now owns 13,746 shares of the company’s stock worth $576,000 after buying an additional 1,071 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Nuveen ESG Large-Cap Value ETF by 23.2% during the second quarter. NewEdge Advisors LLC now owns 113,372 shares of the company’s stock worth $4,752,000 after buying an additional 21,313 shares during the last quarter.

About Nuveen ESG Large-Cap Value ETF

The Nuveen ESG Large-Cap Value ETF (NULV) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Large Cap Value index. The fund tracks an index of US large-cap value stocks that score highly on environmental, social, and governance (ESG) criteria. The fund is weighted using a multi-factor optimizer. NULV was launched on Dec 13, 2016 and is managed by Nuveen.