Nuveen ESG Large-Cap Value ETF (BATS:NULV) Hits New 12-Month High – Here’s Why

Nuveen ESG Large-Cap Value ETF (BATS:NULV)’s stock price hit a new 52-week high on Tuesday. The company traded as high as $54.61 and last traded at $54.60, with a volume of 14,729 shares trading hands. The stock had previously closed at $54.43.

Nuveen ESG Large-Cap Value ETF Trading Up 0.1%

The business’s fifty day simple moving average is $53.56 and its 200 day simple moving average is $50.02. The stock has a market cap of $2.25 billion, a P/E ratio of 19.82 and a beta of 0.87.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Lodestar Private Asset Management LLC grew its holdings in shares of Nuveen ESG Large-Cap Value ETF by 3.2% during the 3rd quarter. Lodestar Private Asset Management LLC now owns 9,164 shares of the company’s stock worth $482,000 after purchasing an additional 283 shares in the last quarter. Park Avenue Securities LLC bought a new stake in Nuveen ESG Large-Cap Value ETF during the 3rd quarter worth approximately $2,921,000. Flagship Harbor Advisors LLC grew its position in Nuveen ESG Large-Cap Value ETF by 1.1% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 19,608 shares of the company’s stock worth $1,032,000 after purchasing an additional 204 shares in the last quarter. Kingswood Wealth Advisors LLC increased its holdings in Nuveen ESG Large-Cap Value ETF by 34.4% during the third quarter. Kingswood Wealth Advisors LLC now owns 46,942 shares of the company’s stock worth $2,471,000 after buying an additional 12,025 shares during the last quarter. Finally, Revolve Wealth Partners LLC boosted its holdings in Nuveen ESG Large-Cap Value ETF by 1.3% in the 3rd quarter. Revolve Wealth Partners LLC now owns 45,188 shares of the company’s stock worth $2,379,000 after buying an additional 600 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.