Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Sets New 12-Month High – Still a Buy?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG)’s stock price hit a new 52-week high on Monday . The company traded as high as $89.61 and last traded at $89.42, with a volume of 33198 shares traded. The stock had previously closed at $88.88.

Nuveen ESG Large-Cap Growth ETF Stock Performance

The business’s 50 day moving average price is $82.94 and its two-hundred day moving average price is $80.36. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 41.95 and a beta of 1.22.

Institutional Trading of Nuveen ESG Large-Cap Growth ETF

A number of institutional investors have recently made changes to their positions in the stock. FMR LLC lifted its stake in shares of Nuveen ESG Large-Cap Growth ETF by 29.1% in the 3rd quarter. FMR LLC now owns 3,441 shares of the company’s stock worth $284,000 after acquiring an additional 775 shares during the period. D.A. Davidson & CO. lifted its stake in shares of Nuveen ESG Large-Cap Growth ETF by 10.3% in the 3rd quarter. D.A. Davidson & CO. now owns 5,639 shares of the company’s stock worth $466,000 after acquiring an additional 528 shares during the period. Cerity Partners LLC lifted its stake in Nuveen ESG Large-Cap Growth ETF by 14.9% during 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 during the last quarter. Commerce Bank lifted its stake in Nuveen ESG Large-Cap Growth ETF by 8.3% during the third quarter. Commerce Bank now owns 8,904 shares of the company’s stock valued at $736,000 after purchasing an additional 685 shares during the last quarter. Finally, Equita Financial Network Inc. lifted its stake in Nuveen ESG Large-Cap Growth ETF by 8.1% during the third quarter. Equita Financial Network Inc. now owns 25,019 shares of the company’s stock valued at $2,067,000 after purchasing an additional 1,879 shares during the last quarter.

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.