Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Hits New 1-Year High – What’s Next?

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $116.98 and last traded at $116.98, with a volume of 29150 shares traded. The stock had previously closed at $115.34.

Nuveen ESG Large-Cap Growth ETF Stock Up 1.5%

The company has a market cap of $2.05 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17. The firm has a 50 day moving average price of $110.01 and a two-hundred day moving average price of $101.10.

Institutional Trading of Nuveen ESG Large-Cap Growth ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NULG. Bank of America Corp DE lifted its position in shares of Nuveen ESG Large-Cap Growth ETF by 156.3% in the 1st quarter. Bank of America Corp DE now owns 8,146,712 shares of the company’s stock worth $740,862,000 after purchasing an additional 4,968,140 shares during the period. TIAA Trust National Association boosted its stake in shares of Nuveen ESG Large-Cap Growth ETF by 1.7% in the 4th quarter. TIAA Trust National Association now owns 2,644,281 shares of the company’s stock valued at $258,611,000 after purchasing an additional 43,164 shares during the last quarter. Northwest & Ethical Investments L.P. acquired a new stake in shares of Nuveen ESG Large-Cap Growth ETF during the fourth quarter worth $128,636,000. LPL Financial LLC increased its position in shares of Nuveen ESG Large-Cap Growth ETF by 13.5% during the fourth quarter. LPL Financial LLC now owns 971,536 shares of the company’s stock worth $95,016,000 after buying an additional 115,242 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of Nuveen ESG Large-Cap Growth ETF by 15.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 678,284 shares of the company’s stock worth $66,336,000 after buying an additional 89,582 shares during the period.

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.