Nuveen ESG Large-Cap Value ETF (BATS:NULV) Sets New 52-Week High – Still a Buy?

Nuveen ESG Large-Cap Value ETF (BATS:NULV)’s share price reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $54.51 and last traded at $54.52, with a volume of 269,373 shares trading hands. The stock had previously closed at $54.20.

Nuveen ESG Large-Cap Value ETF Price Performance

The company has a fifty day simple moving average of $53.56 and a 200-day simple moving average of $51.46. The company has a market cap of $2.23 billion, a P/E ratio of 19.82 and a beta of 0.87.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Hickory Point Bank & Trust acquired a new stake in shares of Nuveen ESG Large-Cap Value ETF during the 3rd quarter valued at about $32,000. Waverly Advisors LLC acquired a new stake in shares of Nuveen ESG Large-Cap Value ETF during the first quarter worth approximately $43,000. Triumph Capital Management increased its holdings in shares of Nuveen ESG Large-Cap Value ETF by 215.8% during the third quarter. Triumph Capital Management now owns 2,419 shares of the company’s stock worth $127,000 after buying an additional 1,653 shares in the last quarter. Fifth Third Bancorp acquired a new position in Nuveen ESG Large-Cap Value ETF in the first quarter worth $165,000. Finally, Mather Group LLC. bought a new stake in shares of Nuveen ESG Large-Cap Value ETF during the third quarter worth $192,000.

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.