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

Nuveen ESG Large-Cap Growth ETF (BATS:NULG)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $88.75 and last traded at $88.43, with a volume of 26553 shares changing hands. The stock had previously closed at $88.56.

Nuveen ESG Large-Cap Growth ETF Trading Down 0.8 %

The firm has a market capitalization of $1.58 billion, a PE ratio of 41.95 and a beta of 1.22. The firm’s fifty day moving average price is $84.87 and its 200 day moving average price is $81.36.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. World Investment Advisors LLC purchased a new stake in shares of Nuveen ESG Large-Cap Growth ETF during the 3rd quarter worth about $447,000. McIlrath & Eck LLC increased its holdings in Nuveen ESG Large-Cap Growth ETF by 35.9% in the third quarter. McIlrath & Eck LLC now owns 814 shares of the company’s stock worth $67,000 after buying an additional 215 shares during the last quarter. SGL Investment Advisors Inc. bought a new position in Nuveen ESG Large-Cap Growth ETF during the third quarter valued at approximately $1,883,000. MML Investors Services LLC lifted its stake in Nuveen ESG Large-Cap Growth ETF by 7.9% in the third quarter. MML Investors Services LLC now owns 10,473 shares of the company’s stock valued at $865,000 after acquiring an additional 765 shares during the last quarter. Finally, EP Wealth Advisors LLC grew its position in Nuveen ESG Large-Cap Growth ETF by 4.4% in the third quarter. EP Wealth Advisors LLC now owns 8,426 shares of the company’s stock worth $696,000 after acquiring an additional 354 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.