Nuveen ESG Large-Cap Value ETF (BATS:NULV) Short Interest Up 109.7% in May

Nuveen ESG Large-Cap Value ETF (BATS:NULV) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 43,962 shares, an increase of 109.7% from the May 14th total of 20,968 shares. Based on an average daily trading volume, of 70,324 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are short sold.

Nuveen ESG Large-Cap Value ETF Price Performance

Nuveen ESG Large-Cap Value ETF stock opened at $50.67 on Friday. The stock has a market cap of $2.09 billion, a P/E ratio of 19.82 and a beta of 0.87. Nuveen ESG Large-Cap Value ETF has a 1 year low of $40.61 and a 1 year high of $51.40. The firm’s 50 day moving average price is $49.29 and its 200-day moving average price is $47.34.

Institutional Trading of Nuveen ESG Large-Cap Value ETF

Several large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings 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 purchasing an additional 137,834 shares during the period. TIAA Trust National Association lifted its holdings in shares of Nuveen ESG Large-Cap Value ETF by 4.2% during the fourth 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 period. JPMorgan Chase & Co. boosted its position in 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 during the last quarter. LPL Financial LLC increased its holdings 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 worth $80,621,000 after buying an additional 370,301 shares during the period. Finally, Morgan Stanley increased its holdings 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 worth $55,540,000 after buying an additional 31,083 shares during the period.

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.