Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Reaches New 12-Month High – Should You Buy?

Shares of Nuveen ESG Large-Cap Growth ETF (BATS:NULG) reached a new 52-week high on Wednesday . The company traded as high as $118.05 and last traded at $117.88, with a volume of 5486 shares. The stock had previously closed at $116.41.

Nuveen ESG Large-Cap Growth ETF Stock Performance

The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17. The business’s 50 day simple moving average is $113.65 and its 200-day simple moving average is $104.15.

Institutional Trading of Nuveen ESG Large-Cap Growth ETF

Several large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in shares of Nuveen ESG Large-Cap Growth ETF by 156.3% in the first quarter. Bank of America Corp DE now owns 8,146,712 shares of the company’s stock worth $740,862,000 after purchasing an additional 4,968,140 shares in the last quarter. TIAA Trust National Association raised its stake in shares of Nuveen ESG Large-Cap Growth ETF by 1.7% during the fourth quarter. TIAA Trust National Association now owns 2,644,281 shares of the company’s stock valued at $258,611,000 after purchasing an additional 43,164 shares in the last quarter. Northwest & Ethical Investments L.P. acquired a new stake in Nuveen ESG Large-Cap Growth ETF in the fourth quarter worth about $128,636,000. LPL Financial LLC lifted its holdings in Nuveen ESG Large-Cap Growth ETF by 13.5% in the fourth quarter. LPL Financial LLC now owns 971,536 shares of the company’s stock worth $95,016,000 after purchasing an additional 115,242 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in Nuveen ESG Large-Cap Growth ETF by 15.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 678,284 shares of the company’s stock valued at $66,336,000 after buying an additional 89,582 shares in the last quarter.

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.