Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Reaches New 12-Month High – Here’s Why

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $118.05 and last traded at $117.88, with a volume of 5486 shares changing hands. The stock had previously closed at $116.41.

Nuveen ESG Large-Cap Growth ETF Price Performance

The firm has a 50-day simple moving average of $113.46 and a 200 day simple moving average of $103.91. The company has a market capitalization of $2.06 billion, a PE ratio of 39.38 and a beta of 1.17.

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

Hedge funds have recently modified their holdings of the stock. Waverly Advisors LLC purchased a new position in Nuveen ESG Large-Cap Growth ETF in the 1st quarter worth approximately $33,000. Kingdom Financial Group LLC. purchased a new stake in shares of Nuveen ESG Large-Cap Growth ETF during the fourth quarter valued at approximately $37,000. Qube Research & Technologies Ltd purchased a new stake in shares of Nuveen ESG Large-Cap Growth ETF during the third quarter valued at approximately $40,000. Smartleaf Asset Management LLC lifted its position in shares of Nuveen ESG Large-Cap Growth ETF by 241.8% during 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 in the last quarter. Finally, Millstone Evans Group LLC lifted its position in shares of Nuveen ESG Large-Cap Growth ETF by 84.5% during the fourth quarter. Millstone Evans Group LLC now owns 690 shares of the company’s stock worth $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.