Bank of America Corp DE Sells 798,928 Shares of Nuveen ESG Large-Cap Value ETF $NULV

Bank of America Corp DE lowered its position in Nuveen ESG Large-Cap Value ETF (BATS:NULV) by 6.3% in the first quarter, HoldingsChannel.com reports. The fund owned 11,855,953 shares of the company’s stock after selling 798,928 shares during the quarter. Bank of America Corp DE owned 0.29% of Nuveen ESG Large-Cap Value ETF worth $539,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. TIAA Trust National Association increased its stake in shares of Nuveen ESG Large-Cap Value ETF by 4.2% during the 4th quarter. TIAA Trust National Association now owns 4,868,104 shares of the company’s stock worth $219,308,000 after purchasing an additional 194,509 shares during the last quarter. LPL Financial LLC lifted its stake in Nuveen ESG Large-Cap Value ETF by 26.1% in the 4th quarter. LPL Financial LLC now owns 1,789,579 shares of the company’s stock valued at $80,621,000 after purchasing an additional 370,301 shares during the last quarter. Morgan Stanley lifted its stake in Nuveen ESG Large-Cap Value ETF by 2.6% in the 4th quarter. Morgan Stanley now owns 1,232,845 shares of the company’s stock valued at $55,540,000 after purchasing an additional 31,083 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Nuveen ESG Large-Cap Value ETF by 30.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,005,224 shares of the company’s stock worth $45,285,000 after purchasing an additional 237,238 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its holdings in Nuveen ESG Large-Cap Value ETF by 2.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 679,923 shares of the company’s stock worth $30,631,000 after purchasing an additional 13,900 shares during the period.

Nuveen ESG Large-Cap Value ETF Stock Up 0.3%

Shares of BATS NULV opened at $51.69 on Friday. The business’s 50 day moving average price is $50.74 and its two-hundred day moving average price is $48.62. The company has a market cap of $2.13 billion, a PE ratio of 19.82 and a beta of 0.87. Nuveen ESG Large-Cap Value ETF has a twelve month low of $41.22 and a twelve month high of $52.01.

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.