Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Stock Breaks Below 200 Day Moving Average – Here’s Why

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO – Get Free Report)’s stock price passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $41.34 and traded as low as $40.88. Nuveen Growth Opportunities ETF shares last traded at $41.07, with a volume of 134,854 shares changing hands.

Nuveen Growth Opportunities ETF Price Performance

The business has a 50-day moving average of $43.40 and a 200-day moving average of $41.34. The company has a market capitalization of $2.31 billion, a P/E ratio of 40.41 and a beta of 1.16.

Institutional Investors Weigh In On Nuveen Growth Opportunities ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Allworth Financial LP bought a new position in shares of Nuveen Growth Opportunities ETF in the second quarter worth about $96,000. Pasadena Private Wealth LLC bought a new stake in Nuveen Growth Opportunities ETF during the 2nd quarter valued at $136,000. Global Retirement Partners LLC bought a new stake in Nuveen Growth Opportunities ETF during the 2nd quarter valued at $143,000. Kingsview Wealth Management LLC purchased a new position in shares of Nuveen Growth Opportunities ETF in the 2nd quarter valued at $179,000. Finally, Equitable Holdings Inc. purchased a new position in shares of Nuveen Growth Opportunities ETF in the 2nd quarter valued at $316,000.

Nuveen Growth Opportunities ETF Company Profile

(Get Free Report)

The Nuveen Growth Opportunities ETF (NUGO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in large-cap US stocks selected for growth, quality, and value factors. The fund utilizes the Natixis\u002FNYSE non-transparent model. NUGO was launched on Sep 27, 2021 and is managed by Nuveen.

Further Reading

Receive News & Ratings for Nuveen Growth Opportunities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Growth Opportunities ETF and related companies with MarketBeat.com's FREE daily email newsletter.