Nuveen ESG Large-Cap Value ETF (BATS:NULV) Hits New 52-Week High – Time to Buy?

Nuveen ESG Large-Cap Value ETF (BATS:NULV)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $43.39 and last traded at $43.01, with a volume of 158942 shares trading hands. The stock had previously closed at $43.28.

Nuveen ESG Large-Cap Value ETF Price Performance

The stock has a market capitalization of $1.79 billion, a P/E ratio of 18.69 and a beta of 0.75. The firm has a 50-day simple moving average of $41.89 and a 200 day simple moving average of $40.00.

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

Several large investors have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans grew its stake in 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 acquiring an additional 18,947 shares during the period. Envestnet Asset Management Inc. grew its stake in Nuveen ESG Large-Cap Value ETF by 6.9% in the second 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 grew its stake in Nuveen ESG Large-Cap Value ETF by 72.3% in the second 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 during the period. Commonwealth Equity Services LLC grew its stake in Nuveen ESG Large-Cap Value ETF by 2.6% in the second quarter. Commonwealth Equity Services LLC now owns 617,679 shares of the company’s stock valued at $23,342,000 after acquiring an additional 15,490 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its stake in Nuveen ESG Large-Cap Value ETF by 19.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 354,264 shares of the company’s stock valued at $12,813,000 after acquiring an additional 57,090 shares during the period.

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.