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

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $86.89 and last traded at $88.54, with a volume of 62213 shares changing hands. The stock had previously closed at $84.88.

Nuveen ESG Large-Cap Growth ETF Trading Up 6.2 %

The company has a 50-day simple moving average of $88.01 and a 200 day simple moving average of $83.82. The company has a market cap of $1.61 billion, a P/E ratio of 41.95 and a beta of 1.22.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC grew its stake in Nuveen ESG Large-Cap Growth ETF by 4.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 479,671 shares of the company’s stock worth $39,635,000 after acquiring an additional 19,500 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in Nuveen ESG Large-Cap Growth ETF by 0.7% in the third quarter. Thrivent Financial for Lutherans now owns 314,319 shares of the company’s stock worth $25,973,000 after purchasing an additional 2,326 shares in the last quarter. O Brien Wealth Partners LLC purchased a new position in Nuveen ESG Large-Cap Growth ETF during the 3rd quarter worth $9,007,000. Wealth Enhancement Advisory Services LLC raised its position in Nuveen ESG Large-Cap Growth ETF by 0.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 98,596 shares of the company’s stock valued at $8,147,000 after purchasing an additional 501 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 26.3% in the 3rd quarter. Captrust Financial Advisors now owns 94,145 shares of the company’s stock worth $7,779,000 after buying an additional 19,627 shares during the period.

About Nuveen ESG Large-Cap Growth ETF

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.