Nuveen ESG Large-Cap Value ETF (BATS:NULV) Reaches New 1-Year High – Here’s Why

Shares of Nuveen ESG Large-Cap Value ETF (BATS:NULV) hit a new 52-week high on Monday . The stock traded as high as $52.18 and last traded at $52.11, with a volume of 1569 shares changing hands. The stock had previously closed at $51.69.

Nuveen ESG Large-Cap Value ETF Price Performance

The stock has a fifty day simple moving average of $50.74 and a 200-day simple moving average of $48.63. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 19.82 and a beta of 0.87.

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

Several large investors have recently made changes to their positions in NULV. TIAA Trust National Association raised its position in shares of Nuveen ESG Large-Cap Value ETF by 4.2% in the fourth quarter. TIAA Trust National Association now owns 4,868,104 shares of the company’s stock worth $219,308,000 after acquiring an additional 194,509 shares during the period. Forefront Analytics LLC boosted its stake in shares of Nuveen ESG Large-Cap Value ETF by 38.4% during the 1st quarter. Forefront Analytics LLC now owns 195,657 shares of the company’s stock worth $8,902,000 after acquiring an additional 54,278 shares in the last quarter. Thrivent Financial for Lutherans grew its position in shares of Nuveen ESG Large-Cap Value ETF by 203.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 120,896 shares of the company’s stock valued at $5,462,000 after acquiring an additional 81,060 shares during the period. Blueline Advisors LLC acquired a new stake in shares of Nuveen ESG Large-Cap Value ETF during the 4th quarter valued at about $531,000. Finally, Old Peak Finance LLC purchased a new position in shares of Nuveen ESG Large-Cap Value ETF in the 4th quarter valued at about $520,000.

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.