Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Sets New 1-Year High – Time to Buy?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $89.96 and last traded at $89.78, with a volume of 28705 shares. The stock had previously closed at $89.41.

Nuveen ESG Large-Cap Growth ETF Stock Performance

The firm’s 50-day moving average price is $87.08 and its two-hundred day moving average price is $82.72. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 41.95 and a beta of 1.22.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 0.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 129,132 shares of the company’s stock worth $10,480,000 after purchasing an additional 843 shares during the period. SeaCrest Wealth Management LLC acquired a new position in shares of Nuveen ESG Large-Cap Growth ETF in the second quarter valued at approximately $296,000. HTLF Bank increased its stake in Nuveen ESG Large-Cap Growth ETF by 9.5% during the 2nd quarter. HTLF Bank now owns 7,373 shares of the company’s stock worth $598,000 after buying an additional 638 shares during the period. McAdam LLC increased its stake in Nuveen ESG Large-Cap Growth ETF by 4.4% during the 2nd quarter. McAdam LLC now owns 4,356 shares of the company’s stock worth $354,000 after buying an additional 185 shares during the period. Finally, Paulson Wealth Management Inc. boosted its position in Nuveen ESG Large-Cap Growth ETF by 7.7% in the 2nd quarter. Paulson Wealth Management Inc. now owns 2,909 shares of the company’s stock valued at $236,000 after buying an additional 208 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.