Nuveen ESG Large-Cap Value ETF (BATS:NULV) Sets New 1-Year High – Still a Buy?

Nuveen ESG Large-Cap Value ETF (BATS:NULV) shares hit a new 52-week high on Thursday . The stock traded as high as $50.39 and last traded at $50.35, with a volume of 36732 shares traded. The stock had previously closed at $50.19.

Nuveen ESG Large-Cap Value ETF Stock Performance

The firm has a market cap of $2.08 billion, a PE ratio of 19.82 and a beta of 0.87. The stock has a 50 day simple moving average of $47.55 and a two-hundred day simple moving average of $46.61.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in shares of Nuveen ESG Large-Cap Value ETF by 0.8% during the third quarter. JPMorgan Chase & Co. now owns 2,033,853 shares of the company’s stock worth $89,138,000 after purchasing an additional 16,303 shares in the last quarter. Boston Common Asset Management LLC purchased a new position in Nuveen ESG Large-Cap Value ETF in the 4th quarter valued at about $587,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in Nuveen ESG Large-Cap Value ETF by 4.1% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 402,502 shares of the company’s stock worth $17,640,000 after buying an additional 15,739 shares during the last quarter. Savant Capital LLC boosted its holdings in Nuveen ESG Large-Cap Value ETF by 55.7% in the 3rd quarter. Savant Capital LLC now owns 94,538 shares of the company’s stock worth $4,143,000 after buying an additional 33,803 shares during the last quarter. Finally, Gateway Wealth Partners LLC increased its stake in Nuveen ESG Large-Cap Value ETF by 44.4% during the 3rd quarter. Gateway Wealth Partners LLC now owns 44,437 shares of the company’s stock worth $1,948,000 after buying an additional 13,671 shares in the last quarter.

About Nuveen ESG Large-Cap Value ETF

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.