Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Reaches New 1-Year High – Still a Buy?

Shares of Nuveen ESG Large-Cap Growth ETF (BATS:NULG) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $116.67 and last traded at $116.67, with a volume of 1700 shares. The stock had previously closed at $113.82.

Nuveen ESG Large-Cap Growth ETF Stock Performance

The firm has a 50 day simple moving average of $108.15 and a two-hundred day simple moving average of $100.47. The stock has a market cap of $2.02 billion, a P/E ratio of 39.38 and a beta of 1.17.

Hedge Funds Weigh In On Nuveen ESG Large-Cap Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Waverly Advisors LLC acquired a new stake in shares of Nuveen ESG Large-Cap Growth ETF in the 1st quarter worth approximately $33,000. Kingdom Financial Group LLC. bought a new stake in Nuveen ESG Large-Cap Growth ETF during the fourth quarter worth approximately $37,000. Qube Research & Technologies Ltd acquired a new stake in Nuveen ESG Large-Cap Growth ETF in the third quarter worth approximately $40,000. Smartleaf Asset Management LLC lifted its position in Nuveen ESG Large-Cap Growth ETF by 241.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 564 shares of the company’s stock worth $56,000 after purchasing an additional 399 shares during the period. Finally, Millstone Evans Group LLC boosted its stake in Nuveen ESG Large-Cap Growth ETF by 84.5% during the 4th quarter. Millstone Evans Group LLC now owns 690 shares of the company’s stock valued at $67,000 after purchasing an additional 316 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.