Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Reaches New 1-Year High – Should You Buy?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $86.89 and last traded at $88.54, with a volume of 62213 shares trading hands. The stock had previously closed at $84.88.

Nuveen ESG Large-Cap Growth ETF Stock Performance

The firm’s 50 day moving average is $88.01 and its 200-day moving average is $83.82. The stock has a market capitalization of $1.61 billion, a price-to-earnings ratio of 41.95 and a beta of 1.22.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NULG. Commonwealth Equity Services LLC grew its holdings in Nuveen ESG Large-Cap Growth ETF by 4.2% in the third quarter. Commonwealth Equity Services LLC now owns 479,671 shares of the company’s stock valued at $39,635,000 after purchasing an additional 19,500 shares during the period. Thrivent Financial for Lutherans increased its holdings in Nuveen ESG Large-Cap Growth ETF by 0.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 314,319 shares of the company’s stock worth $25,973,000 after acquiring an additional 2,326 shares in the last quarter. O Brien Wealth Partners LLC acquired a new position in Nuveen ESG Large-Cap Growth ETF during the third quarter worth $9,007,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Nuveen ESG Large-Cap Growth ETF by 0.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 98,596 shares of the company’s stock valued at $8,147,000 after purchasing an additional 501 shares in the last quarter. Finally, Captrust Financial Advisors grew its position in shares of Nuveen ESG Large-Cap Growth ETF by 26.3% in the third quarter. Captrust Financial Advisors now owns 94,145 shares of the company’s stock valued at $7,779,000 after purchasing an additional 19,627 shares during the period.

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.