Nuveen ESG Large-Cap Value ETF (BATS:NULV) Short Interest Down 59.4% in July

Nuveen ESG Large-Cap Value ETF (BATS:NULV) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 47,626 shares, a decline of 59.4% from the July 15th total of 117,231 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 70,700 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Warner Financial Inc. purchased a new stake in shares of Nuveen ESG Large-Cap Value ETF during the second quarter worth approximately $238,000. Strategic Point Investment Advisors LLC grew its position in Nuveen ESG Large-Cap Value ETF by 1.0% in the 2nd quarter. Strategic Point Investment Advisors LLC now owns 44,645 shares of the company’s stock valued at $2,232,000 after buying an additional 440 shares during the last quarter. JGP Wealth Management LLC grew its position in Nuveen ESG Large-Cap Value ETF by 4.0% in the 2nd quarter. JGP Wealth Management LLC now owns 6,341 shares of the company’s stock valued at $317,000 after buying an additional 243 shares during the last quarter. Canandaigua National Bank & Trust Co. acquired a new position in Nuveen ESG Large-Cap Value ETF in the 2nd quarter valued at $2,301,000. Finally, Eastern Bank increased its stake in Nuveen ESG Large-Cap Value ETF by 2.4% in the 2nd quarter. Eastern Bank now owns 288,102 shares of the company’s stock valued at $14,402,000 after buying an additional 6,847 shares during the period.

Nuveen ESG Large-Cap Value ETF Stock Down 0.1%

NULV opened at $53.85 on Friday. The business has a 50 day moving average price of $51.25 and a two-hundred day moving average price of $49.09. The company has a market cap of $2.22 billion, a PE ratio of 19.82 and a beta of 0.87. Nuveen ESG Large-Cap Value ETF has a 52 week low of $42.42 and a 52 week high of $54.06.

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.