Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Sets New 52-Week High – Should You Buy?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $86.89 and last traded at $86.06, with a volume of 62213 shares. The stock had previously closed at $84.88.

Nuveen ESG Large-Cap Growth ETF Stock Up 1.0 %

The business’s 50-day simple moving average is $87.65 and its two-hundred day simple moving average is $85.14. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 38.95 and a beta of 1.13.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Impact Investors Inc purchased a new position in Nuveen ESG Large-Cap Growth ETF during the fourth quarter valued at $11,434,000. Uniting Wealth Partners LLC purchased a new stake in shares of Nuveen ESG Large-Cap Growth ETF during the fourth quarter worth approximately $6,012,000. Win Advisors Inc. purchased a new position in Nuveen ESG Large-Cap Growth ETF in the 4th quarter worth approximately $4,123,000. LPL Financial LLC grew its position in shares of Nuveen ESG Large-Cap Growth ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 872,782 shares of the company’s stock valued at $74,920,000 after purchasing an additional 34,005 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Nuveen ESG Large-Cap Growth ETF in the fourth quarter valued at approximately $2,620,000.

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.