Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Hits New 1-Year High – What’s Next?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $116.98 and last traded at $116.98, with a volume of 29150 shares changing hands. The stock had previously closed at $115.34.

Nuveen ESG Large-Cap Growth ETF Stock Performance

The stock has a fifty day simple moving average of $110.01 and a two-hundred day simple moving average of $101.10. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17.

Institutional Investors Weigh In On Nuveen ESG Large-Cap Growth ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE grew its stake in Nuveen ESG Large-Cap Growth ETF by 156.3% during the first quarter. Bank of America Corp DE now owns 8,146,712 shares of the company’s stock worth $740,862,000 after purchasing an additional 4,968,140 shares during the period. TIAA Trust National Association lifted its stake in Nuveen ESG Large-Cap Growth ETF by 1.7% in the fourth quarter. TIAA Trust National Association now owns 2,644,281 shares of the company’s stock valued at $258,611,000 after buying an additional 43,164 shares during the period. Northwest & Ethical Investments L.P. bought a new position in shares of Nuveen ESG Large-Cap Growth ETF during the 4th quarter worth approximately $128,636,000. LPL Financial LLC boosted its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 13.5% during the 4th quarter. LPL Financial LLC now owns 971,536 shares of the company’s stock worth $95,016,000 after buying an additional 115,242 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of Nuveen ESG Large-Cap Growth ETF by 15.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 678,284 shares of the company’s stock worth $66,336,000 after buying an additional 89,582 shares during the period.

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.