Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Shares Gap Down – Time to Sell?

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) gapped down prior to trading on Tuesday . The stock had previously closed at $36.00, but opened at $34.45. Nuveen Growth Opportunities ETF shares last traded at $34.92, with a volume of 10,960 shares changing hands.

Nuveen Growth Opportunities ETF Price Performance

The firm has a 50-day simple moving average of $35.08 and a 200 day simple moving average of $33.15. The company has a market capitalization of $3.52 billion, a PE ratio of 44.62 and a beta of 1.30.

Institutional Trading of Nuveen Growth Opportunities ETF

A hedge fund recently bought a new stake in Nuveen Growth Opportunities ETF stock. GPS Wealth Strategies Group LLC bought a new position in shares of Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 753 shares of the company’s stock, valued at approximately $26,000.

Nuveen Growth Opportunities ETF Company Profile

The Nuveen Growth Opportunities ETF (NUGO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in large-cap US stocks selected for growth, quality, and value factors. The fund utilizes the Natixis\u002FNYSE non-transparent model.