Nuveen ESG Large-Cap Value ETF (BATS:NULV) Sets New 52-Week High – Here’s Why

Nuveen ESG Large-Cap Value ETF (BATS:NULV)’s share price reached a new 52-week high during trading on Monday. The company traded as high as $54.24 and last traded at $54.2140, with a volume of 8,934 shares. The stock had previously closed at $53.93.

Nuveen ESG Large-Cap Value ETF Trading Up 0.1%

The stock has a market capitalization of $2.24 billion, a PE ratio of 19.82 and a beta of 0.87. The firm’s 50-day simple moving average is $53.47 and its two-hundred day simple moving average is $51.03.

Institutional Trading of Nuveen ESG Large-Cap Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of NULV. Envestnet Asset Management Inc. raised its position in Nuveen ESG Large-Cap Value ETF by 4.4% during the second quarter. Envestnet Asset Management Inc. now owns 1,099,328 shares of the company’s stock valued at $54,955,000 after buying an additional 46,432 shares during the period. Bank of New York Mellon Corp boosted its position in Nuveen ESG Large-Cap Value ETF by 27.6% during the 1st quarter. Bank of New York Mellon Corp now owns 438,368 shares of the company’s stock worth $19,946,000 after acquiring an additional 94,726 shares during the period. Eastern Bank boosted its position in Nuveen ESG Large-Cap Value ETF by 2.4% during the 2nd quarter. Eastern Bank now owns 288,102 shares of the company’s stock worth $14,402,000 after acquiring an additional 6,847 shares during the period. Allworth Financial LP boosted its position in Nuveen ESG Large-Cap Value ETF by 3.9% during the 2nd quarter. Allworth Financial LP now owns 191,358 shares of the company’s stock worth $9,566,000 after acquiring an additional 7,168 shares during the period. Finally, Forefront Analytics LLC boosted its position in 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 during the period.

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.