Nuveen Growth Opportunities ETF (NYSEARCA:NUGO) Stock Breaks Below Two Hundred Day Moving Average – Here’s What Happened

Nuveen Growth Opportunities ETF (NYSEARCA:NUGO – Get Free Report)’s share price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $41.34 and traded as low as $40.88. Nuveen Growth Opportunities ETF shares last traded at $41.07, with a volume of 134,854 shares.

Nuveen Growth Opportunities ETF Stock Down 0.7%

The firm has a market capitalization of $2.31 billion, a PE ratio of 40.41 and a beta of 1.16. The company’s 50-day simple moving average is $43.40 and its 200 day simple moving average is $41.34.

Institutional Investors Weigh In On Nuveen Growth Opportunities ETF

Institutional investors have recently bought and sold shares of the company. Equitable Holdings Inc. purchased a new position in Nuveen Growth Opportunities ETF in the second quarter worth $316,000. Focused Alpha LLC purchased a new stake in shares of Nuveen Growth Opportunities ETF during the 2nd quarter valued at $465,000. Bank of America Corp DE acquired a new stake in shares of Nuveen Growth Opportunities ETF in the 2nd quarter worth $15,417,000. Pasadena Private Wealth LLC acquired a new stake in shares of Nuveen Growth Opportunities ETF in the 2nd quarter worth $136,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Nuveen Growth Opportunities ETF in the 2nd quarter worth $609,000.

About Nuveen Growth Opportunities ETF

(Get Free Report)

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. NUGO was launched on Sep 27, 2021 and is managed by Nuveen.

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