Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Hits New 1-Year High – Time to Buy?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $105.51 and last traded at $105.45, with a volume of 11486 shares changing hands. The stock had previously closed at $104.55.

Nuveen ESG Large-Cap Growth ETF Price Performance

The firm has a 50 day moving average of $96.09 and a 200-day moving average of $97.48. The stock has a market capitalization of $1.84 billion, a P/E ratio of 39.38 and a beta of 1.17.

Institutional Investors Weigh In On Nuveen ESG Large-Cap Growth ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp boosted its holdings in Nuveen ESG Large-Cap Growth ETF by 46.5% during the first quarter. Bank of New York Mellon Corp now owns 218,006 shares of the company’s stock valued at $19,825,000 after purchasing an additional 69,184 shares in the last quarter. Sterling Group Wealth Management LLC boosted its holdings in Nuveen ESG Large-Cap Growth ETF by 54.7% during the first quarter. Sterling Group Wealth Management LLC now owns 4,287 shares of the company’s stock valued at $390,000 after purchasing an additional 1,515 shares in the last quarter. Diversify Wealth Management LLC acquired a new stake in Nuveen ESG Large-Cap Growth ETF during the first quarter valued at approximately $261,000. Fifth Third Bancorp acquired a new stake in Nuveen ESG Large-Cap Growth ETF during the first quarter valued at approximately $381,000. Finally, WealthShield Partners LLC boosted its holdings in Nuveen ESG Large-Cap Growth ETF by 8.1% during the first quarter. WealthShield Partners LLC now owns 12,966 shares of the company’s stock valued at $1,179,000 after purchasing an additional 967 shares in the last quarter.

About Nuveen ESG Large-Cap Growth ETF

The Nuveen ESG Large-Cap Growth ETF (NULG) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Large Cap Growth index. The fund tracks an index composed of large-cap US companies with growth characteristics that also meet certain environmental, social, and governance (ESG) criteria. NULG was launched on Dec 13, 2016 and is managed by Nuveen.