Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Sets New 12-Month High – Still a Buy?

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $40.07 and last traded at $40.07, with a volume of 10257 shares trading hands. The stock had previously closed at $39.55.

Nuveen Growth Opportunities ETF Trading Down 3.4%

The company’s 50 day simple moving average is $38.50 and its 200-day simple moving average is $35.09. The firm has a market cap of $2.75 billion, a P/E ratio of 40.41 and a beta of 1.09.

Institutional Investors Weigh In On Nuveen Growth Opportunities ETF

An institutional investor recently raised its position in Nuveen Growth Opportunities ETF stock. GPS Wealth Strategies Group LLC lifted its position in Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) by 293.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,966 shares of the company’s stock after buying an additional 2,213 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Nuveen Growth Opportunities ETF were worth $91,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.