Short Interest in Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Declines By 63.8%

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 18,405 shares, a decrease of 63.8% from the July 30th total of 50,851 shares. Based on an average daily volume of 41,044 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Nuveen ESG Large-Cap Growth ETF Trading Up 1.9%

BATS:NULG opened at $116.09 on Friday. The company has a 50-day moving average price of $114.50 and a 200-day moving average price of $106.10. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17. Nuveen ESG Large-Cap Growth ETF has a 12 month low of $87.17 and a 12 month high of $118.72.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in NULG. Mission Wealth Management LP boosted its position in shares of Nuveen ESG Large-Cap Growth ETF by 4.8% during the fourth quarter. Mission Wealth Management LP now owns 103,058 shares of the company’s stock valued at $10,079,000 after purchasing an additional 4,762 shares in the last quarter. RFG Advisory LLC purchased a new position in Nuveen ESG Large-Cap Growth ETF during the fourth quarter valued at $789,000. Thrivent Financial for Lutherans boosted its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 265.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 42,480 shares of the company’s stock valued at $4,159,000 after buying an additional 30,859 shares in the last quarter. Pathfinder Wealth Consulting Inc. purchased a new stake in shares of Nuveen ESG Large-Cap Growth ETF in the 4th quarter worth about $443,000. Finally, RVW Wealth LLC grew its position in shares of Nuveen ESG Large-Cap Growth ETF by 3.5% in the 2nd quarter. RVW Wealth LLC now owns 132,672 shares of the company’s stock worth $15,531,000 after buying an additional 4,437 shares during the period.

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.