Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Sets New 52-Week High – Time to Buy?

Shares of Nuveen ESG Large-Cap Growth ETF (BATS:NULG) hit a new 52-week high on Monday . The stock traded as high as $89.61 and last traded at $89.42, with a volume of 33198 shares trading hands. The stock had previously closed at $88.88.

Nuveen ESG Large-Cap Growth ETF Stock Up 0.6 %

The stock has a fifty day moving average price of $82.55 and a 200-day moving average price of $80.13. The firm has a market cap of $1.60 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 added to or reduced their stakes in NULG. CVA Family Office LLC acquired a new stake in Nuveen ESG Large-Cap Growth ETF in the second quarter valued at $35,000. Anchor Investment Management LLC purchased a new position in shares of Nuveen ESG Large-Cap Growth ETF in the 2nd quarter valued at about $75,000. CWM LLC lifted its stake in shares of Nuveen ESG Large-Cap Growth ETF by 28.8% in the second quarter. CWM LLC now owns 1,086 shares of the company’s stock valued at $88,000 after purchasing an additional 243 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in Nuveen ESG Large-Cap Growth ETF during the third quarter worth about $115,000. Finally, Canal Capital Management LLC acquired a new position in Nuveen ESG Large-Cap Growth ETF during the second quarter worth about $201,000.

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.