Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Hits New 12-Month High – Should You Buy?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $109.32 and last traded at $109.11, with a volume of 14589 shares trading hands. The stock had previously closed at $108.73.

Nuveen ESG Large-Cap Growth ETF Price Performance

The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17. The firm’s fifty day moving average is $96.77 and its 200-day moving average is $97.66.

Institutional Trading of Nuveen ESG Large-Cap Growth ETF

Several institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. raised its holdings in Nuveen ESG Large-Cap Growth ETF by 16.9% in the first quarter. PNC Financial Services Group Inc. now owns 18,495 shares of the company’s stock valued at $1,682,000 after acquiring an additional 2,669 shares in the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in Nuveen ESG Large-Cap Growth ETF in the first quarter valued at $89,000. Johnson Financial Group Inc. raised its holdings in Nuveen ESG Large-Cap Growth ETF by 16.9% in the first quarter. Johnson Financial Group Inc. now owns 11,315 shares of the company’s stock valued at $1,029,000 after acquiring an additional 1,632 shares in the last quarter. Assetmark Inc. raised its holdings in Nuveen ESG Large-Cap Growth ETF by 5.3% in the first quarter. Assetmark Inc. now owns 63,403 shares of the company’s stock valued at $5,766,000 after acquiring an additional 3,171 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new stake in Nuveen ESG Large-Cap Growth ETF in the first quarter valued at $240,000.

About Nuveen ESG Large-Cap Growth ETF

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.