Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Sees Significant Growth in Short Interest

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 6,152 shares, a growth of 562.2% from the April 30th total of 929 shares. Based on an average daily trading volume, of 99,292 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Nuveen ESG Large-Cap Growth ETF Trading Up 0.5%

Shares of NULG stock opened at $112.46 on Friday. Nuveen ESG Large-Cap Growth ETF has a 1-year low of $87.17 and a 1-year high of $112.88. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17. The stock has a 50-day moving average of $101.71 and a 200-day moving average of $98.76.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. increased its position in shares of Nuveen ESG Large-Cap Growth ETF by 69.2% during the third quarter. Coldstream Capital Management Inc. now owns 118,338 shares of the company’s stock worth $11,769,000 after buying an additional 48,398 shares during the period. Rede Wealth LLC acquired a new position in Nuveen ESG Large-Cap Growth ETF in the fourth quarter valued at $590,000. TIAA Trust National Association lifted its holdings in Nuveen ESG Large-Cap Growth ETF by 3.5% in the third quarter. TIAA Trust National Association now owns 2,601,117 shares of the company’s stock valued at $258,681,000 after buying an additional 88,331 shares during the period. Elevation Capital Advisory LLC bought a new stake in Nuveen ESG Large-Cap Growth ETF during the fourth quarter valued at $4,990,000. Finally, Scott Capital Advisors LLC boosted its position in Nuveen ESG Large-Cap Growth ETF by 152.7% during the fourth quarter. Scott Capital Advisors LLC now owns 22,919 shares of the company’s stock valued at $2,241,000 after acquiring an additional 13,849 shares during the last quarter.

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.