Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Reaches New 12-Month High – Still a Buy?

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $38.54 and last traded at $38.11, with a volume of 209 shares. The stock had previously closed at $38.09.

Nuveen Growth Opportunities ETF Trading Down 0.2%

The company’s 50-day simple moving average is $37.18 and its 200 day simple moving average is $33.91. The stock has a market cap of $2.81 billion, a P/E ratio of 40.41 and a beta of 1.09.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Nuveen Growth Opportunities ETF stock. GPS Wealth Strategies Group LLC increased its stake in Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) by 293.9% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,966 shares of the company’s stock after acquiring an additional 2,213 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Nuveen Growth Opportunities ETF were worth $91,000 as of its most recent SEC filing.

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.