Nuveen ESG Large-Cap Value ETF (BATS:NULV) Hits New 12-Month High – Still a Buy?

Nuveen ESG Large-Cap Value ETF (BATS:NULV)’s stock price hit a new 52-week high on Monday . The stock traded as high as $52.18 and last traded at $52.11, with a volume of 1569 shares traded. The stock had previously closed at $51.69.

Nuveen ESG Large-Cap Value ETF Trading Up 1.1%

The business’s 50-day simple moving average is $50.74 and its 200-day simple moving average is $48.63. The company has a market capitalization of $2.16 billion, a PE ratio of 19.82 and a beta of 0.87.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Revolve Wealth Partners LLC boosted its holdings in Nuveen ESG Large-Cap Value ETF by 9.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 36,241 shares of the company’s stock valued at $1,427,000 after purchasing an additional 3,009 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Nuveen ESG Large-Cap Value ETF by 5.0% during the 1st quarter. Royal Bank of Canada now owns 106,962 shares of the company’s stock valued at $4,331,000 after buying an additional 5,106 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Nuveen ESG Large-Cap Value ETF in the 1st quarter valued at about $7,521,000. Cerity Partners LLC lifted its holdings in shares of Nuveen ESG Large-Cap Value ETF by 8.4% in the 2nd quarter. Cerity Partners LLC now owns 13,746 shares of the company’s stock valued at $576,000 after buying an additional 1,071 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in shares of Nuveen ESG Large-Cap Value ETF by 23.2% in the second quarter. NewEdge Advisors LLC now owns 113,372 shares of the company’s stock worth $4,752,000 after buying an additional 21,313 shares during the last quarter.

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.