Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Hits New 12-Month High – Should You Buy?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $86.89 and last traded at $85.96, with a volume of 62213 shares changing hands. The stock had previously closed at $84.88.

Nuveen ESG Large-Cap Growth ETF Stock Up 2.2 %

The business’s fifty day moving average is $88.08 and its two-hundred day moving average is $84.07. The stock has a market capitalization of $1.55 billion, a PE ratio of 41.95 and a beta of 1.22.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. FMR LLC grew its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 29.1% in the third quarter. FMR LLC now owns 3,441 shares of the company’s stock valued at $284,000 after purchasing an additional 775 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 14.9% in the third quarter. Cerity Partners LLC now owns 12,638 shares of the company’s stock valued at $1,044,000 after purchasing an additional 1,641 shares in the last quarter. Assetmark Inc. grew its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 3.9% in the third quarter. Assetmark Inc. now owns 48,074 shares of the company’s stock valued at $3,972,000 after purchasing an additional 1,821 shares in the last quarter. HTLF Bank boosted its stake in Nuveen ESG Large-Cap Growth ETF by 12.0% during the third quarter. HTLF Bank now owns 8,261 shares of the company’s stock worth $683,000 after buying an additional 888 shares during the period. Finally, MML Investors Services LLC boosted its stake in Nuveen ESG Large-Cap Growth ETF by 7.9% during the third quarter. MML Investors Services LLC now owns 10,473 shares of the company’s stock worth $865,000 after buying an additional 765 shares during the period.

About Nuveen ESG Large-Cap Growth ETF

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.