Nuveen ESG Large-Cap Value ETF (BATS:NULV) Reaches New 12-Month High – What’s Next?

Nuveen ESG Large-Cap Value ETF (BATS:NULV) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $50.39 and last traded at $50.35, with a volume of 36732 shares changing hands. The stock had previously closed at $50.19.

Nuveen ESG Large-Cap Value ETF Stock Up 0.7%

The firm has a market capitalization of $2.09 billion, a PE ratio of 19.82 and a beta of 0.87. The stock has a 50-day moving average price of $47.71 and a 200 day moving average price of $46.68.

Institutional Investors Weigh In On Nuveen ESG Large-Cap Value ETF

Institutional investors have recently added to or reduced their stakes in the stock. Kingdom Financial Group LLC. acquired a new position in Nuveen ESG Large-Cap Value ETF during the fourth quarter worth $27,000. Smartleaf Asset Management LLC grew its position in shares of Nuveen ESG Large-Cap Value ETF by 57.0% in the second quarter. Smartleaf Asset Management LLC now owns 680 shares of the company’s stock valued at $28,000 after purchasing an additional 247 shares during the period. Triumph Capital Management acquired a new stake in shares of Nuveen ESG Large-Cap Value ETF in the third quarter valued at about $34,000. Waverly Advisors LLC purchased a new stake in shares of Nuveen ESG Large-Cap Value ETF during the first quarter worth about $43,000. Finally, Orion Capital Management LLC increased its stake in shares of Nuveen ESG Large-Cap Value ETF by 191.7% during the fourth quarter. Orion Capital Management LLC now owns 1,371 shares of the company’s stock worth $62,000 after purchasing an additional 901 shares in the last quarter.

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. NULV was launched on Dec 13, 2016 and is managed by Nuveen.