Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Hits New 12-Month High – Time to Buy?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $91.03 and last traded at $89.67, with a volume of 61959 shares trading hands. The stock had previously closed at $90.45.

Nuveen ESG Large-Cap Growth ETF Price Performance

The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of 41.95 and a beta of 1.22. The company’s 50-day moving average price is $86.18 and its two-hundred day moving average price is $82.22.

Institutional Trading of Nuveen ESG Large-Cap Growth ETF

Several hedge funds have recently modified their holdings of the company. LPL Financial LLC boosted its stake in Nuveen ESG Large-Cap Growth ETF by 6.6% in the second quarter. LPL Financial LLC now owns 812,109 shares of the company’s stock valued at $65,911,000 after acquiring an additional 50,565 shares in the last quarter. Commonwealth Equity Services LLC increased its position in Nuveen ESG Large-Cap Growth ETF by 4.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 479,671 shares of the company’s stock valued at $39,635,000 after buying an additional 19,500 shares in the last quarter. Thrivent Financial for Lutherans increased its position in Nuveen ESG Large-Cap Growth ETF by 0.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 314,319 shares of the company’s stock valued at $25,973,000 after buying an additional 2,326 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in Nuveen ESG Large-Cap Growth ETF by 0.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 129,132 shares of the company’s stock valued at $10,480,000 after buying an additional 843 shares during the last quarter. Finally, O Brien Wealth Partners LLC acquired a new stake in Nuveen ESG Large-Cap Growth ETF in the third quarter worth about $9,007,000.

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.