Nuveen ESG Large-Cap Value ETF (BATS:NULV) Reaches New 1-Year High – Time to Buy?

Nuveen ESG Large-Cap Value ETF (BATS:NULV)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $53.64 and last traded at $53.64, with a volume of 1784 shares changing hands. The stock had previously closed at $53.11.

Nuveen ESG Large-Cap Value ETF Stock Performance

The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 19.82 and a beta of 0.87. The business’s 50 day moving average price is $50.97 and its 200 day moving average price is $48.85.

Institutional Trading of Nuveen ESG Large-Cap Value ETF

A number of hedge funds have recently added to or reduced their stakes in NULV. Revolve Wealth Partners LLC increased its holdings in Nuveen ESG Large-Cap Value ETF by 9.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 36,241 shares of the company’s stock valued at $1,427,000 after buying an additional 3,009 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Nuveen ESG Large-Cap Value ETF by 5.0% during the 1st quarter. Royal Bank of Canada now owns 106,962 shares of the company’s stock worth $4,331,000 after acquiring an additional 5,106 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Nuveen ESG Large-Cap Value ETF during the 1st quarter valued at about $7,521,000. Cerity Partners LLC grew its position in shares of Nuveen ESG Large-Cap Value ETF by 8.4% during the 2nd quarter. Cerity Partners LLC now owns 13,746 shares of the company’s stock valued at $576,000 after acquiring an additional 1,071 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of Nuveen ESG Large-Cap Value ETF by 23.2% during the 2nd quarter. NewEdge Advisors LLC now owns 113,372 shares of the company’s stock valued at $4,752,000 after acquiring an additional 21,313 shares during the period.

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.