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 on Monday . The stock traded as high as $115.36 and last traded at $115.36, with a volume of 11301 shares changing hands. The stock had previously closed at $112.37.

Nuveen ESG Large-Cap Growth ETF Stock Performance

The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17. The company has a fifty day simple moving average of $105.96 and a two-hundred day simple moving average of $99.85.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. McIlrath & Eck LLC raised its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 4.5% during the 1st quarter. McIlrath & Eck LLC now owns 2,328 shares of the company’s stock worth $212,000 after buying an additional 100 shares in the last quarter. Curtis Advisory Group LLC boosted its stake in Nuveen ESG Large-Cap Growth ETF by 0.9% in the third quarter. Curtis Advisory Group LLC now owns 12,338 shares of the company’s stock valued at $1,227,000 after buying an additional 106 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in Nuveen ESG Large-Cap Growth ETF by 12.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 960 shares of the company’s stock valued at $96,000 after buying an additional 110 shares in the last quarter. Aprio Wealth Management LLC boosted its stake in Nuveen ESG Large-Cap Growth ETF by 1.8% in the fourth quarter. Aprio Wealth Management LLC now owns 6,308 shares of the company’s stock valued at $617,000 after buying an additional 110 shares in the last quarter. Finally, Investors Research Corp boosted its stake in Nuveen ESG Large-Cap Growth ETF by 10.3% in the fourth quarter. Investors Research Corp now owns 1,184 shares of the company’s stock valued at $116,000 after buying an additional 111 shares in the last quarter.

Nuveen ESG Large-Cap Growth ETF Company Profile

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.