Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Reaches New 12-Month High – Here’s Why

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $116.67 and last traded at $116.67, with a volume of 1700 shares changing hands. The stock had previously closed at $113.82.

Nuveen ESG Large-Cap Growth ETF Price Performance

The firm has a 50-day simple moving average of $108.15 and a 200 day simple moving average of $100.47. The company has a market capitalization of $2.02 billion, a PE ratio of 39.38 and a beta of 1.17.

Institutional Investors Weigh In On Nuveen ESG Large-Cap Growth ETF

Several hedge funds have recently modified their holdings of NULG. Royal Bank of Canada raised its stake in shares of Nuveen ESG Large-Cap Growth ETF by 34.4% during the first quarter. Royal Bank of Canada now owns 43,629 shares of the company’s stock valued at $3,416,000 after purchasing an additional 11,171 shares during the period. Integrated Wealth Concepts LLC grew its holdings in Nuveen ESG Large-Cap Growth ETF by 4.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,589 shares of the company’s stock valued at $281,000 after purchasing an additional 164 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Nuveen ESG Large-Cap Growth ETF by 47.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 73,171 shares of the company’s stock worth $5,728,000 after buying an additional 23,683 shares during the period. JPMorgan Chase & Co. increased its stake in Nuveen ESG Large-Cap Growth ETF by 24.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 79,338 shares of the company’s stock worth $7,454,000 after buying an additional 15,336 shares during the period. Finally, Marshall Wace LLP purchased a new stake in Nuveen ESG Large-Cap Growth ETF during the 2nd quarter worth $421,000.

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.