Royal Bank of Canada Cuts Holdings in Nuveen ESG Large-Cap Value ETF $NULV

Royal Bank of Canada lowered its position in Nuveen ESG Large-Cap Value ETF (BATS:NULV) by 25.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 121,611 shares of the company’s stock after selling 42,590 shares during the quarter. Royal Bank of Canada owned 0.29% of Nuveen ESG Large-Cap Value ETF worth $5,533,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in NULV. Commerce Bank raised its holdings in shares of Nuveen ESG Large-Cap Value ETF by 0.9% in the 4th quarter. Commerce Bank now owns 24,165 shares of the company’s stock worth $1,089,000 after purchasing an additional 215 shares during the period. DDFG Inc lifted its stake in shares of Nuveen ESG Large-Cap Value ETF by 1.7% in the 1st quarter. DDFG Inc now owns 12,875 shares of the company’s stock valued at $586,000 after purchasing an additional 221 shares in the last quarter. Mascoma Wealth Management LLC grew its holdings in shares of Nuveen ESG Large-Cap Value ETF by 0.5% during the 4th quarter. Mascoma Wealth Management LLC now owns 42,206 shares of the company’s stock worth $1,901,000 after purchasing an additional 229 shares during the period. Hsbc Holdings PLC grew its holdings in shares of Nuveen ESG Large-Cap Value ETF by 0.5% during the 1st quarter. Hsbc Holdings PLC now owns 49,698 shares of the company’s stock worth $2,261,000 after purchasing an additional 238 shares during the period. Finally, Smartleaf Asset Management LLC increased its position in Nuveen ESG Large-Cap Value ETF by 57.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 680 shares of the company’s stock worth $28,000 after purchasing an additional 247 shares in the last quarter.

Nuveen ESG Large-Cap Value ETF Stock Performance

BATS NULV opened at $53.67 on Thursday. Nuveen ESG Large-Cap Value ETF has a one year low of $42.42 and a one year high of $53.90. The company’s 50 day moving average price is $51.13 and its 200 day moving average price is $49.00. The firm has a market capitalization of $2.22 billion, a price-to-earnings ratio of 19.82 and a beta of 0.87.

Nuveen ESG Large-Cap Value ETF Company Profile

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.