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

Nuveen ESG Large-Cap Value ETF (BATS:NULV) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $40.20 and last traded at $40.69, with a volume of 111378 shares changing hands. The stock had previously closed at $39.58.

Nuveen ESG Large-Cap Value ETF Trading Up 2.9 %

The stock’s 50-day simple moving average is $40.60 and its 200-day simple moving average is $41.07. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of 21.21 and a beta of 0.93.

Hedge Funds Weigh In On Nuveen ESG Large-Cap Value ETF

A number of hedge funds have recently added to or reduced their stakes in NULV. Wood Tarver Financial Group LLC acquired a new stake in shares of Nuveen ESG Large-Cap Value ETF during the 4th quarter worth $102,000. XY Planning Network Inc. acquired a new position in Nuveen ESG Large-Cap Value ETF during the fourth quarter valued at approximately $432,000. Columbia River Financial Group LLC bought a new stake in Nuveen ESG Large-Cap Value ETF during the fourth quarter worth $350,000. GTS Securities LLC acquired a new stake in shares of Nuveen ESG Large-Cap Value ETF in the 4th quarter valued at $528,000. Finally, NorthRock Partners LLC bought a new position in shares of Nuveen ESG Large-Cap Value ETF in the 4th quarter valued at $905,000.

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.