Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Stock Price Down 0.9% – What’s Next?

Shares of Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) dropped 0.9% on Wednesday. The company traded as low as $44.10 and last traded at $44.16. 1,815 shares were traded during trading, a decline of 98% from the average session volume of 94,596 shares. The stock had previously closed at $44.55.

Nuveen Growth Opportunities ETF Stock Up 0.6%

The firm has a fifty day moving average price of $43.12 and a 200 day moving average price of $41.64. The company has a market cap of $2.51 billion, a P/E ratio of 40.41 and a beta of 1.16.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Allworth Financial LP acquired a new position in shares of Nuveen Growth Opportunities ETF during the 2nd quarter worth about $96,000. Pasadena Private Wealth LLC acquired a new position in Nuveen Growth Opportunities ETF during the second quarter valued at approximately $136,000. Global Retirement Partners LLC bought a new stake in Nuveen Growth Opportunities ETF in the second quarter valued at approximately $143,000. Kingsview Wealth Management LLC acquired a new stake in Nuveen Growth Opportunities ETF in the second quarter worth $179,000. Finally, Equitable Holdings Inc. acquired a new stake in Nuveen Growth Opportunities ETF in the second quarter worth $316,000.

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. NUGO was launched on Sep 27, 2021 and is managed by Nuveen.