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

Nuveen ESG Large-Cap Value ETF (BATS:NULV)’s stock price hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as $55.31 and last traded at $55.12, with a volume of 6,511 shares changing hands. The stock had previously closed at $54.27.

Nuveen ESG Large-Cap Value ETF Price Performance

The firm has a 50-day moving average of $53.77 and a 200 day moving average of $50.38. The company has a market capitalization of $2.57 billion, a PE ratio of 21.51 and a beta of 0.85.

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

Several hedge funds and other institutional investors have recently bought and sold shares of NULV. Commonwealth Equity Services LLC bought a new stake in shares of Nuveen ESG Large-Cap Value ETF during the 3rd quarter valued at $67,951,000. Bank of New York Mellon Corp raised its holdings in Nuveen ESG Large-Cap Value ETF by 27.6% in the 1st quarter. Bank of New York Mellon Corp now owns 438,368 shares of the company’s stock worth $19,946,000 after purchasing an additional 94,726 shares during the period. Park Avenue Securities LLC bought a new position in Nuveen ESG Large-Cap Value ETF in the 3rd quarter worth $2,921,000. Forefront Analytics LLC raised its holdings in Nuveen ESG Large-Cap Value ETF by 38.4% in the 1st quarter. Forefront Analytics LLC now owns 195,657 shares of the company’s stock worth $8,902,000 after purchasing an additional 54,278 shares during the period. Finally, Bartlett & CO. Wealth Management LLC purchased a new position in Nuveen ESG Large-Cap Value ETF during the first quarter valued at $2,353,000.

About Nuveen ESG Large-Cap Value ETF

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.