Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Reaches New 52-Week High – Still a Buy?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) shares reached a new 52-week high during trading on Monday . The stock traded as high as $116.67 and last traded at $116.67, with a volume of 1700 shares. The stock had previously closed at $113.82.

Nuveen ESG Large-Cap Growth ETF Trading Down 2.6%

The business’s fifty day simple moving average is $108.88 and its 200-day simple moving average is $100.69. The firm has a market cap of $1.97 billion, a P/E ratio of 39.38 and a beta of 1.17.

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

Hedge funds have recently made changes to their positions in the stock. Waverly Advisors LLC purchased a new stake in Nuveen ESG Large-Cap Growth ETF during the 1st quarter worth about $33,000. Kingdom Financial Group LLC. bought a new position in Nuveen ESG Large-Cap Growth ETF in the 4th quarter worth about $37,000. Qube Research & Technologies Ltd purchased a new position in Nuveen ESG Large-Cap Growth ETF during the 3rd quarter valued at about $40,000. Smartleaf Asset Management LLC grew its holdings in Nuveen ESG Large-Cap Growth ETF by 241.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 564 shares of the company’s stock valued at $56,000 after buying an additional 399 shares in the last quarter. Finally, Millstone Evans Group LLC increased 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 valued at $67,000 after buying an additional 316 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.