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 reached a new 52-week high on Thursday . The company traded as high as $50.39 and last traded at $50.35, with a volume of 36732 shares. The stock had previously closed at $50.19.

Nuveen ESG Large-Cap Value ETF Trading Up 0.2%

The business’s 50-day simple moving average is $47.55 and its 200 day simple moving average is $46.61. The firm has a market cap of $2.08 billion, a PE ratio of 19.82 and a beta of 0.87.

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

Large investors have recently bought and sold shares of the business. TIAA Trust National Association lifted its position in Nuveen ESG Large-Cap Value ETF by 8.9% during the third quarter. TIAA Trust National Association now owns 4,673,595 shares of the company’s stock valued at $204,830,000 after acquiring an additional 380,829 shares during the last quarter. LPL Financial LLC grew its holdings in Nuveen ESG Large-Cap Value ETF by 26.1% in the fourth quarter. LPL Financial LLC now owns 1,789,579 shares of the company’s stock worth $80,621,000 after purchasing an additional 370,301 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Nuveen ESG Large-Cap Value ETF by 30.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,005,224 shares of the company’s stock worth $45,285,000 after purchasing an additional 237,238 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its position in shares of Nuveen ESG Large-Cap Value ETF by 46.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 666,023 shares of the company’s stock worth $29,190,000 after purchasing an additional 210,324 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of Nuveen ESG Large-Cap Value ETF during the 1st quarter valued at $7,521,000.

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. NULV was launched on Dec 13, 2016 and is managed by Nuveen.