Short Interest in Nuveen ESG Large-Cap Value ETF (BATS:NULV) Decreases By 62.1%

Nuveen ESG Large-Cap Value ETF (BATS:NULV) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 20,968 shares, a drop of 62.1% from the April 30th total of 55,353 shares. Based on an average daily trading volume, of 82,116 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Nuveen ESG Large-Cap Value ETF Trading Down 0.3%

BATS:NULV opened at $50.69 on Friday. Nuveen ESG Large-Cap Value ETF has a 1-year low of $40.00 and a 1-year high of $50.99. The firm has a fifty day simple moving average of $48.21 and a 200 day simple moving average of $46.91. The stock has a market capitalization of $2.09 billion, a PE ratio of 19.82 and a beta of 0.87.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE grew its stake in shares of Nuveen ESG Large-Cap Value ETF by 1.0% in the third quarter. Bank of America Corp DE now owns 13,708,202 shares of the company’s stock valued at $600,789,000 after buying an additional 137,834 shares in the last quarter. TIAA Trust National Association grew its stake in shares of Nuveen ESG Large-Cap Value ETF by 4.2% in the fourth quarter. TIAA Trust National Association now owns 4,868,104 shares of the company’s stock valued at $219,308,000 after buying an additional 194,509 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Nuveen ESG Large-Cap Value ETF by 0.8% in the third quarter. JPMorgan Chase & Co. now owns 2,033,853 shares of the company’s stock valued at $89,138,000 after buying an additional 16,303 shares in the last quarter. LPL Financial LLC boosted its position in Nuveen ESG Large-Cap Value ETF by 26.1% during the fourth quarter. LPL Financial LLC now owns 1,789,579 shares of the company’s stock worth $80,621,000 after purchasing an additional 370,301 shares during the period. Finally, Morgan Stanley boosted its position in Nuveen ESG Large-Cap Value ETF by 2.6% during the fourth quarter. Morgan Stanley now owns 1,232,845 shares of the company’s stock worth $55,540,000 after purchasing an additional 31,083 shares during the period.

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.