Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Sees Large Volume Increase – Here’s What Happened

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) shares saw strong trading volume on Tuesday . 96,766 shares were traded during mid-day trading, a decline of 20% from the previous session’s volume of 121,290 shares.The stock last traded at $33.63 and had previously closed at $33.80.

Nuveen Growth Opportunities ETF Price Performance

The firm’s 50-day moving average price is $30.69 and its 200 day moving average price is $33.27. The firm has a market capitalization of $2.79 billion, a price-to-earnings ratio of 36.70 and a beta of 1.12.

Hedge Funds Weigh In On Nuveen Growth Opportunities ETF

A hedge fund recently raised its stake in Nuveen Growth Opportunities ETF stock. GPS Wealth Strategies Group LLC boosted its holdings in Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) by 293.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,966 shares of the company’s stock after acquiring an additional 2,213 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Nuveen Growth Opportunities ETF were worth $91,000 at the end of the most recent quarter.

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.