Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Share Price Breaks Below Two Hundred Day Moving Average – Should You Sell?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) crossed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $106.82 and traded as low as $106.44. Nuveen ESG Large-Cap Growth ETF shares last traded at $106.51, with a volume of 54,706 shares changing hands.

Nuveen ESG Large-Cap Growth ETF Price Performance

The company has a fifty day moving average price of $112.53 and a 200 day moving average price of $106.82. The company has a market capitalization of $1.86 billion, a P/E ratio of 39.38 and a beta of 1.17.

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

Several large investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its position in Nuveen ESG Large-Cap Growth ETF by 156.3% in the first quarter. Bank of America Corp DE now owns 8,146,712 shares of the company’s stock worth $740,862,000 after buying an additional 4,968,140 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Nuveen ESG Large-Cap Growth ETF during the 3rd quarter valued at $83,337,000. Bank of New York Mellon Corp lifted its position in shares of Nuveen ESG Large-Cap Growth ETF by 46.5% during the 1st quarter. Bank of New York Mellon Corp now owns 218,006 shares of the company’s stock valued at $19,825,000 after acquiring an additional 69,184 shares during the last quarter. Keybank National Association OH acquired a new stake in shares of Nuveen ESG Large-Cap Growth ETF during the 1st quarter valued at $3,439,000. Finally, Ascentis Independent Advisors boosted its stake in shares of Nuveen ESG Large-Cap Growth ETF by 281.8% during the 1st quarter. Ascentis Independent Advisors now owns 38,015 shares of the company’s stock worth $3,457,000 after acquiring an additional 28,057 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.