Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Trading Down 0.3% – Here’s Why

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO)’s stock price dropped 0.3% during trading on Tuesday . The stock traded as low as $36.94 and last traded at $37.45. Approximately 145,328 shares were traded during mid-day trading, an increase of 29% from the average daily volume of 112,307 shares. The stock had previously closed at $37.57.

Nuveen Growth Opportunities ETF Price Performance

The firm has a 50-day simple moving average of $37.05 and a 200 day simple moving average of $33.87. The company has a market capitalization of $2.77 billion, a PE ratio of 40.41 and a beta of 1.09.

Hedge Funds Weigh In On Nuveen Growth Opportunities ETF

A hedge fund recently raised its stake in Nuveen Growth Opportunities ETF stock. GPS Wealth Strategies Group LLC boosted its stake in Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) by 293.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,966 shares of the company’s stock after acquiring an additional 2,213 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Nuveen Growth Opportunities ETF were worth $91,000 at the end of the most recent reporting period.

About Nuveen Growth Opportunities ETF

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.