Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Reaches New 52-Week High – What’s Next?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG)’s share price hit a new 52-week high on Monday . The company traded as high as $83.80 and last traded at $84.65, with a volume of 26429 shares traded. The stock had previously closed at $83.72.

Nuveen ESG Large-Cap Growth ETF Stock Performance

The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 41.95 and a beta of 1.22. The stock has a fifty day simple moving average of $80.24 and a two-hundred day simple moving average of $78.62.

Hedge Funds Weigh In On Nuveen ESG Large-Cap Growth ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Concourse Financial Group Securities Inc. boosted its position in shares of Nuveen ESG Large-Cap Growth ETF by 5.5% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 6,109 shares of the company’s stock worth $505,000 after purchasing an additional 320 shares in the last quarter. Sterling Group Wealth Management LLC bought a new position in shares of Nuveen ESG Large-Cap Growth ETF during the 3rd quarter worth about $330,000. Sandbox Financial Partners LLC boosted its position in shares of Nuveen ESG Large-Cap Growth ETF by 38.4% during the 3rd quarter. Sandbox Financial Partners LLC now owns 10,187 shares of the company’s stock worth $842,000 after purchasing an additional 2,828 shares in the last quarter. Anchor Investment Management LLC bought a new position in shares of Nuveen ESG Large-Cap Growth ETF during the 2nd quarter worth about $75,000. Finally, B. Riley Wealth Advisors Inc. boosted its position in shares of Nuveen ESG Large-Cap Growth ETF by 43.7% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 23,297 shares of the company’s stock worth $1,891,000 after purchasing an additional 7,088 shares in 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.