Nuveen ESG Large-Cap Value ETF (BATS:NULV) Hits New 12-Month High – What’s Next?

by · The Markets Daily

Nuveen ESG Large-Cap Value ETF (BATS:NULV – Get Free Report)’s stock price hit a new 52-week high on Wednesday. The company traded as high as $55.31 and last traded at $55.12, with a volume of 6,511 shares trading hands. The stock had previously closed at $54.27.

Nuveen ESG Large-Cap Value ETF Price Performance

The firm has a 50 day simple moving average of $53.73 and a 200-day simple moving average of $50.31. The stock has a market capitalization of $2.29 billion, a price-to-earnings ratio of 19.82 and a beta of 0.87.

Institutional Investors Weigh In On Nuveen ESG Large-Cap Value ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC acquired a new stake in shares of Nuveen ESG Large-Cap Value ETF during the 3rd quarter worth about $67,951,000. Bank of New York Mellon Corp boosted its position in Nuveen ESG Large-Cap Value ETF by 27.6% in the first quarter. Bank of New York Mellon Corp now owns 438,368 shares of the company’s stock valued at $19,946,000 after buying an additional 94,726 shares in the last quarter. Park Avenue Securities LLC acquired a new position in Nuveen ESG Large-Cap Value ETF in the third quarter valued at about $2,921,000. Forefront Analytics LLC boosted its position in Nuveen ESG Large-Cap Value ETF by 38.4% in the first quarter. Forefront Analytics LLC now owns 195,657 shares of the company’s stock valued at $8,902,000 after buying an additional 54,278 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC bought a new stake in Nuveen ESG Large-Cap Value ETF during the first quarter worth about $2,353,000.

Nuveen ESG Large-Cap Value ETF Company Profile

(Get Free Report)

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.

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