Nuveen ESG Large-Cap Value ETF (BATS:NULV) Sets New 1-Year High – Still a Buy?

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

Nuveen ESG Large-Cap Value ETF Trading Up 2.0 %

The firm has a 50-day moving average of $41.08 and a 200 day moving average of $40.47. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 18.69 and a beta of 0.75.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in NULV. CGN Advisors LLC boosted its stake in Nuveen ESG Large-Cap Value ETF by 23.9% during the 4th quarter. CGN Advisors LLC now owns 39,626 shares of the company’s stock valued at $1,560,000 after purchasing an additional 7,634 shares in the last quarter. Merit Financial Group LLC boosted its stake in Nuveen ESG Large-Cap Value ETF by 5.2% during the fourth quarter. Merit Financial Group LLC now owns 66,620 shares of the company’s stock valued at $2,623,000 after buying an additional 3,276 shares in the last quarter. ST Germain D J Co. Inc. grew its holdings in Nuveen ESG Large-Cap Value ETF by 11.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 118,382 shares of the company’s stock worth $4,661,000 after acquiring an additional 11,805 shares during the period. Clarity Asset Management Inc. raised its position in Nuveen ESG Large-Cap Value ETF by 0.4% in the third quarter. Clarity Asset Management Inc. now owns 143,340 shares of the company’s stock worth $5,980,000 after acquiring an additional 591 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in Nuveen ESG Large-Cap Value ETF by 296.7% in the 3rd quarter. Jane Street Group LLC now owns 32,868 shares of the company’s stock valued at $1,371,000 after acquiring an additional 24,583 shares during 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.