Nuveen ESG Large-Cap Value ETF (BATS:NULV) Reaches New 12-Month High – Should You Buy?

Nuveen ESG Large-Cap Value ETF (BATS:NULV)’s stock price hit a new 52-week high on Thursday . The company traded as high as $40.20 and last traded at $40.24, with a volume of 111378 shares changing hands. The stock had previously closed at $39.58.

Nuveen ESG Large-Cap Value ETF Trading Up 2.7 %

The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 18.69 and a beta of 0.75. The business has a 50-day moving average price of $41.01 and a two-hundred day moving average price of $40.49.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Thrivent Financial for Lutherans increased its stake in shares of Nuveen ESG Large-Cap Value ETF by 2.0% in the second quarter. Thrivent Financial for Lutherans now owns 966,457 shares of the company’s stock valued at $36,522,000 after purchasing an additional 18,947 shares during the period. Envestnet Asset Management Inc. increased its position in Nuveen ESG Large-Cap Value ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 844,181 shares of the company’s stock valued at $31,902,000 after acquiring an additional 54,180 shares during the period. Forefront Analytics LLC raised its stake in Nuveen ESG Large-Cap Value ETF by 72.3% during the 2nd quarter. Forefront Analytics LLC now owns 687,947 shares of the company’s stock valued at $25,997,000 after acquiring an additional 288,663 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its position in Nuveen ESG Large-Cap Value ETF by 19.2% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 354,264 shares of the company’s stock worth $12,813,000 after acquiring an additional 57,090 shares during the period. Finally, Fund Evaluation Group LLC grew its stake in shares of Nuveen ESG Large-Cap Value ETF by 0.5% in the second quarter. Fund Evaluation Group LLC now owns 237,799 shares of the company’s stock worth $8,986,000 after purchasing an additional 1,083 shares in the last quarter.

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.