Nuveen ESG Large-Cap Value ETF (BATS:NULV) Hits New 1-Year High – Here’s Why

Shares of Nuveen ESG Large-Cap Value ETF (BATS:NULV) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $54.08 and last traded at $54.07, with a volume of 45657 shares. The stock had previously closed at $53.84.

Nuveen ESG Large-Cap Value ETF Price Performance

The company has a market capitalization of $2.23 billion, a PE ratio of 19.82 and a beta of 0.87. The stock has a 50-day simple moving average of $51.73 and a 200 day simple moving average of $49.46.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Thrivent Financial for Lutherans lifted its stake in shares of Nuveen ESG Large-Cap Value ETF by 203.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 120,896 shares of the company’s stock worth $5,462,000 after purchasing an additional 81,060 shares during the period. TIAA Trust National Association grew its position in shares of Nuveen ESG Large-Cap Value ETF by 4.2% in the fourth quarter. TIAA Trust National Association now owns 4,868,104 shares of the company’s stock valued at $219,308,000 after purchasing an additional 194,509 shares during the period. Forefront Analytics LLC increased its stake in Nuveen ESG Large-Cap Value ETF by 38.4% in the first quarter. Forefront Analytics LLC now owns 195,657 shares of the company’s stock valued at $8,902,000 after purchasing an additional 54,278 shares during the last quarter. Blueline Advisors LLC acquired a new position in Nuveen ESG Large-Cap Value ETF in the fourth quarter valued at $531,000. Finally, Old Peak Finance LLC purchased a new position in Nuveen ESG Large-Cap Value ETF during the fourth quarter worth about $520,000.

Nuveen ESG Large-Cap Value ETF Company Profile

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.