Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Sets New 1-Year High – Here’s Why

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) shares hit a new 52-week high on Thursday . The stock traded as high as $44.66 and last traded at $44.66, with a volume of 338 shares trading hands. The stock had previously closed at $43.97.

Nuveen Growth Opportunities ETF Stock Up 0.9%

The company has a market capitalization of $2.59 billion, a P/E ratio of 40.41 and a beta of 1.16. The company’s 50-day simple moving average is $42.66 and its 200 day simple moving average is $40.54.

Hedge Funds Weigh In On Nuveen Growth Opportunities ETF

Institutional investors have recently bought and sold shares of the stock. Sanctuary Advisors LLC acquired a new stake in shares of Nuveen Growth Opportunities ETF in the second quarter worth about $609,000. Focused Alpha LLC acquired a new position in shares of Nuveen Growth Opportunities ETF during the 2nd quarter valued at about $465,000. Global Retirement Partners LLC bought a new position in shares of Nuveen Growth Opportunities ETF in the 2nd quarter valued at approximately $143,000. Pasadena Private Wealth LLC bought a new position in shares of Nuveen Growth Opportunities ETF in the 2nd quarter valued at approximately $136,000. Finally, Allworth Financial LP bought a new position in shares of Nuveen Growth Opportunities ETF in the 2nd quarter valued at approximately $96,000.

Nuveen Growth Opportunities ETF Company Profile

The Nuveen Growth Opportunities ETF (NUGO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in large-cap US stocks selected for growth, quality, and value factors. The fund utilizes the Natixis\u002FNYSE non-transparent model. NUGO was launched on Sep 27, 2021 and is managed by Nuveen.