Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Hits New 12-Month High – Should You Buy?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) reached a new 52-week high during trading on Monday . The company traded as high as $109.32 and last traded at $109.11, with a volume of 14589 shares traded. The stock had previously closed at $108.73.

Nuveen ESG Large-Cap Growth ETF Price Performance

The business’s 50-day moving average price is $96.77 and its 200 day moving average price is $97.66. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Kingdom Financial Group LLC. acquired a new position in shares of Nuveen ESG Large-Cap Growth ETF during the fourth quarter worth $37,000. Qube Research & Technologies Ltd acquired a new position in shares of Nuveen ESG Large-Cap Growth ETF during the third quarter worth $40,000. Smartleaf Asset Management LLC lifted its position in shares of Nuveen ESG Large-Cap Growth ETF by 241.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 564 shares of the company’s stock worth $56,000 after purchasing an additional 399 shares in the last quarter. Millstone Evans Group LLC raised its holdings in Nuveen ESG Large-Cap Growth ETF by 84.5% in the fourth quarter. Millstone Evans Group LLC now owns 690 shares of the company’s stock valued at $67,000 after acquiring an additional 316 shares in the last quarter. Finally, Archer Investment Corp raised its holdings in Nuveen ESG Large-Cap Growth ETF by 57.7% in the third quarter. Archer Investment Corp now owns 741 shares of the company’s stock valued at $74,000 after acquiring an additional 271 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.