Nuveen ESG Large-Cap Value ETF (BATS:NULV) Sees Significant Decrease in Short Interest

Nuveen ESG Large-Cap Value ETF (BATS:NULV) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 50,610 shares, a decline of 37.9% from the August 31st total of 81,491 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 91,469 shares, the days-to-cover ratio is currently 0.6 days.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. TIAA Trust National Association increased its position in Nuveen ESG Large-Cap Value ETF by 4.2% in the 4th quarter. TIAA Trust National Association now owns 4,868,104 shares of the company’s stock valued at $219,308,000 after acquiring an additional 194,509 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Nuveen ESG Large-Cap Value ETF by 27.6% during the first quarter. Bank of New York Mellon Corp now owns 438,368 shares of the company’s stock worth $19,946,000 after purchasing an additional 94,726 shares during the period. Forefront Analytics LLC lifted its holdings in shares of Nuveen ESG Large-Cap Value ETF by 38.4% during the first quarter. Forefront Analytics LLC now owns 195,657 shares of the company’s stock worth $8,902,000 after purchasing an additional 54,278 shares during the period. Bartlett & CO. Wealth Management LLC bought a new stake in shares of Nuveen ESG Large-Cap Value ETF in the first quarter worth $2,353,000. Finally, Envestnet Asset Management Inc. grew its stake in shares of Nuveen ESG Large-Cap Value ETF by 4.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,099,328 shares of the company’s stock worth $54,955,000 after purchasing an additional 46,432 shares during the last quarter.

Nuveen ESG Large-Cap Value ETF Trading Up 0.7%

NULV stock opened at $53.21 on Friday. The firm has a 50-day moving average price of $53.20 and a 200-day moving average price of $50.59. Nuveen ESG Large-Cap Value ETF has a 12 month low of $42.80 and a 12 month high of $54.23. The stock has a market capitalization of $2.20 billion, a P/E ratio of 19.82 and a beta of 0.87.

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. NULV was launched on Dec 13, 2016 and is managed by Nuveen.