Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Reaches New 1-Year High – Still a Buy?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $118.05 and last traded at $117.88, with a volume of 5486 shares changing hands. The stock had previously closed at $116.41.

Nuveen ESG Large-Cap Growth ETF Price Performance

The firm has a market cap of $2.06 billion, a P/E ratio of 39.38 and a beta of 1.17. The firm’s 50-day moving average price is $113.46 and its 200 day moving average price is $103.91.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Rede Wealth LLC acquired a new stake in shares of Nuveen ESG Large-Cap Growth ETF during the 4th quarter valued at approximately $590,000. Mission Wealth Management LP boosted its holdings in Nuveen ESG Large-Cap Growth ETF by 4.8% in the fourth quarter. Mission Wealth Management LP now owns 103,058 shares of the company’s stock worth $10,079,000 after purchasing an additional 4,762 shares during the period. RFG Advisory LLC acquired a new position in Nuveen ESG Large-Cap Growth ETF in the fourth quarter worth $789,000. Thrivent Financial for Lutherans boosted its holdings in Nuveen ESG Large-Cap Growth ETF by 265.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 42,480 shares of the company’s stock worth $4,159,000 after purchasing an additional 30,859 shares during the period. Finally, Pathfinder Wealth Consulting Inc. bought a new stake in Nuveen ESG Large-Cap Growth ETF during the fourth quarter valued at $443,000.

Nuveen ESG Large-Cap Growth ETF Company Profile

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.