Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Short Interest Up 96.8% in August

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 36,229 shares, an increase of 96.8% from the August 15th total of 18,405 shares. Based on an average daily volume of 245,840 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are sold short.

Nuveen ESG Large-Cap Growth ETF Price Performance

NULG stock opened at $109.31 on Thursday. Nuveen ESG Large-Cap Growth ETF has a 1 year low of $87.17 and a 1 year high of $118.72. The company has a market cap of $1.91 billion, a P/E ratio of 39.38 and a beta of 1.17. The firm has a 50-day moving average of $113.81 and a 200 day moving average of $107.65.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 156.3% during the first quarter. Bank of America Corp DE now owns 8,146,712 shares of the company’s stock valued at $740,862,000 after purchasing an additional 4,968,140 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Nuveen ESG Large-Cap Growth ETF by 46.5% during the first quarter. Bank of New York Mellon Corp now owns 218,006 shares of the company’s stock valued at $19,825,000 after buying an additional 69,184 shares during the last quarter. WCG Wealth Advisors LLC increased its holdings in Nuveen ESG Large-Cap Growth ETF by 381.1% in the 4th quarter. WCG Wealth Advisors LLC now owns 73,221 shares of the company’s stock worth $7,161,000 after buying an additional 58,000 shares in the last quarter. TIAA Trust National Association increased its holdings in Nuveen ESG Large-Cap Growth ETF by 1.7% in the 4th quarter. TIAA Trust National Association now owns 2,644,281 shares of the company’s stock worth $258,611,000 after buying an additional 43,164 shares in the last quarter. Finally, Keybank National Association OH purchased a new position in Nuveen ESG Large-Cap Growth ETF in the 1st quarter worth about $3,439,000.

About Nuveen ESG Large-Cap Growth ETF

The Nuveen ESG Large-Cap Growth ETF (NULG) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Large Cap Growth index. The fund tracks an index composed of large-cap US companies with growth characteristics that also meet certain environmental, social, and governance (ESG) criteria. NULG was launched on Dec 13, 2016 and is managed by Nuveen.