Nuveen Growth Opportunities ETF (NYSEARCA:NUGO – Get Free Report) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 3,611 shares, a decline of 62.6% from the August 31st total of 9,653 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 18,865 shares, the days-to-cover ratio is currently 0.2 days.
Institutional Investors Weigh In On Nuveen Growth Opportunities ETF
Several institutional investors have recently added to or reduced their stakes in NUGO. Bank of America Corp DE bought a new position in Nuveen Growth Opportunities ETF during the second quarter worth about $15,417,000. Sanctuary Advisors LLC bought a new stake in shares of Nuveen Growth Opportunities ETF in the second quarter valued at approximately $609,000. Focused Alpha LLC bought a new stake in shares of Nuveen Growth Opportunities ETF in the second quarter valued at approximately $465,000. Equitable Holdings Inc. purchased a new stake in shares of Nuveen Growth Opportunities ETF during the 2nd quarter valued at approximately $316,000. Finally, Kingsview Wealth Management LLC purchased a new stake in shares of Nuveen Growth Opportunities ETF during the 2nd quarter valued at approximately $179,000.
Nuveen Growth Opportunities ETF Price Performance
Shares of NYSEARCA NUGO traded up $0.25 during trading on Friday, reaching $44.51. 3,448 shares of the stock traded hands, compared to its average volume of 93,612. The stock has a market capitalization of $2.51 billion, a P/E ratio of 40.41 and a beta of 1.16. Nuveen Growth Opportunities ETF has a 52-week low of $34.28 and a 52-week high of $44.83. The company has a 50-day moving average of $43.17 and a 200-day moving average of $41.66.
About Nuveen Growth Opportunities ETF
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.
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