Cornerstone Financial Management LLC Takes Position in Nuveen ESG Large-Cap Growth ETF $NULG

Cornerstone Financial Management LLC acquired a new stake in shares of Nuveen ESG Large-Cap Growth ETF (BATS:NULG) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 13,395 shares of the company’s stock, valued at approximately $1,310,000. Nuveen ESG Large-Cap Growth ETF comprises 1.2% of Cornerstone Financial Management LLC’s investment portfolio, making the stock its 24th largest holding. Cornerstone Financial Management LLC owned approximately 0.08% of Nuveen ESG Large-Cap Growth ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kingdom Financial Group LLC. purchased a new stake in shares of Nuveen ESG Large-Cap Growth ETF during the 4th quarter valued at $37,000. Qube Research & Technologies Ltd purchased a new stake in shares of Nuveen ESG Large-Cap Growth ETF during the 3rd quarter valued at $40,000. Smartleaf Asset Management LLC lifted its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 241.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 564 shares of the company’s stock valued at $56,000 after purchasing an additional 399 shares during the last quarter. Millstone Evans Group LLC lifted its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 84.5% during the 4th quarter. Millstone Evans Group LLC now owns 690 shares of the company’s stock valued at $67,000 after purchasing an additional 316 shares during the last quarter. Finally, Jones Financial Companies Lllp purchased a new stake in shares of Nuveen ESG Large-Cap Growth ETF during the 3rd quarter valued at $74,000.

Nuveen ESG Large-Cap Growth ETF Price Performance

BATS NULG opened at $112.37 on Friday. The stock’s fifty day moving average price is $105.96 and its 200 day moving average price is $99.82. Nuveen ESG Large-Cap Growth ETF has a 1 year low of $87.17 and a 1 year high of $115.35. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17.

Nuveen ESG Large-Cap Growth ETF 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.