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

Nuveen ESG Large-Cap Value ETF (BATS:NULV) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $54.08 and last traded at $54.07, with a volume of 45657 shares changing hands. The stock had previously closed at $53.84.

Nuveen ESG Large-Cap Value ETF Trading Up 0.4%

The firm has a 50-day simple moving average of $51.73 and a two-hundred day simple moving average of $49.46. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of 19.82 and a beta of 0.87.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NULV. Commerce Bank grew its position in shares of Nuveen ESG Large-Cap Value ETF by 0.9% during the fourth quarter. Commerce Bank now owns 24,165 shares of the company’s stock worth $1,089,000 after acquiring an additional 215 shares during the last quarter. DDFG Inc grew its position in Nuveen ESG Large-Cap Value ETF by 1.7% during the 1st quarter. DDFG Inc now owns 12,875 shares of the company’s stock worth $586,000 after purchasing an additional 221 shares during the last quarter. Mascoma Wealth Management LLC increased its stake in Nuveen ESG Large-Cap Value ETF by 0.5% in the fourth quarter. Mascoma Wealth Management LLC now owns 42,206 shares of the company’s stock valued at $1,901,000 after purchasing an additional 229 shares during the period. Hsbc Holdings PLC increased its stake in Nuveen ESG Large-Cap Value ETF by 0.5% in the first quarter. Hsbc Holdings PLC now owns 49,698 shares of the company’s stock valued at $2,261,000 after purchasing an additional 238 shares during the period. Finally, JGP Wealth Management LLC raised its holdings in shares of Nuveen ESG Large-Cap Value ETF by 4.0% in the second quarter. JGP Wealth Management LLC now owns 6,341 shares of the company’s stock valued at $317,000 after buying an additional 243 shares during 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.