Nuveen ESG Large-Cap Value ETF (BATS:NULV) Hits New 52-Week High – Time to Buy?

Nuveen ESG Large-Cap Value ETF (BATS:NULV) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $42.24 and last traded at $41.85, with a volume of 70524 shares changing hands. The stock had previously closed at $42.30.

Nuveen ESG Large-Cap Value ETF Price Performance

The stock’s 50-day moving average price is $40.74 and its 200 day moving average price is $38.99. The firm has a market cap of $1.76 billion, a P/E ratio of 18.69 and a beta of 0.75.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kimelman & Baird LLC purchased a new stake in shares of Nuveen ESG Large-Cap Value ETF during the 2nd quarter worth approximately $25,000. International Assets Investment Management LLC purchased a new stake in Nuveen ESG Large-Cap Value ETF during the second quarter valued at $34,000. Mather Group LLC. lifted its position in Nuveen ESG Large-Cap Value ETF by 2,910.0% during the second quarter. Mather Group LLC. now owns 903 shares of the company’s stock valued at $35,000 after purchasing an additional 873 shares during the last quarter. Front Row Advisors LLC purchased a new position in shares of Nuveen ESG Large-Cap Value ETF in the 2nd quarter worth $40,000. Finally, Anchor Investment Management LLC bought a new stake in shares of Nuveen ESG Large-Cap Value ETF in the 2nd quarter worth about $55,000.

About Nuveen ESG Large-Cap Value ETF

The Nuveen ESG Large-Cap Value ETF (NULV) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Large Cap Value index. The fund tracks an index of US large-cap value stocks that score highly on environmental, social, and governance (ESG) criteria. The fund is weighted using a multi-factor optimizer.