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

Nuveen ESG Large-Cap Value ETF (BATS:NULV) was the target of a significant drop in short interest during the month of 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. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 82,116 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in Nuveen ESG Large-Cap Value ETF by 0.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,033,853 shares of the company’s stock valued at $89,138,000 after purchasing an additional 16,303 shares during the period. Boston Common Asset Management LLC bought a new stake in Nuveen ESG Large-Cap Value ETF during the 4th quarter valued at approximately $587,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Nuveen ESG Large-Cap Value ETF by 4.1% during the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 402,502 shares of the company’s stock valued at $17,640,000 after purchasing an additional 15,739 shares during the period. Savant Capital LLC raised its stake in Nuveen ESG Large-Cap Value ETF by 55.7% during the 3rd quarter. Savant Capital LLC now owns 94,538 shares of the company’s stock valued at $4,143,000 after purchasing an additional 33,803 shares during the period. Finally, ST Germain D J Co. Inc. raised its stake in Nuveen ESG Large-Cap Value ETF by 29.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 180,326 shares of the company’s stock valued at $8,124,000 after purchasing an additional 41,384 shares during the period.

Nuveen ESG Large-Cap Value ETF Stock Performance

Shares of BATS:NULV opened at $50.69 on Monday. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of 19.82 and a beta of 0.87. The stock’s 50-day simple moving average is $48.21 and its two-hundred day simple moving average is $46.92. Nuveen ESG Large-Cap Value ETF has a 52-week low of $40.00 and a 52-week high of $50.99.

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.