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

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 50,851 shares, an increase of 88.1% from the July 15th total of 27,031 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 46,387 shares, the days-to-cover ratio is currently 1.1 days.

Nuveen ESG Large-Cap Growth ETF Stock Performance

Shares of NULG stock opened at $117.92 on Monday. Nuveen ESG Large-Cap Growth ETF has a 1 year low of $87.17 and a 1 year high of $118.72. The stock has a market cap of $2.06 billion, a PE ratio of 39.38 and a beta of 1.17. The business’s fifty day moving average is $114.10 and its 200-day moving average is $104.96.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NULG. McIlrath & Eck LLC grew its holdings in Nuveen ESG Large-Cap Growth ETF by 4.5% in the 1st quarter. McIlrath & Eck LLC now owns 2,328 shares of the company’s stock valued at $212,000 after buying an additional 100 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in Nuveen ESG Large-Cap Growth ETF by 12.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 960 shares of the company’s stock worth $96,000 after buying an additional 110 shares during the period. Aprio Wealth Management LLC lifted its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 1.8% during the fourth quarter. Aprio Wealth Management LLC now owns 6,308 shares of the company’s stock worth $617,000 after buying an additional 110 shares during the last quarter. Cornerstone Planning Group LLC boosted its holdings in Nuveen ESG Large-Cap Growth ETF by 3.3% in the 4th quarter. Cornerstone Planning Group LLC now owns 3,593 shares of the company’s stock valued at $358,000 after purchasing an additional 115 shares during the period. Finally, JGP Wealth Management LLC boosted its holdings in Nuveen ESG Large-Cap Growth ETF by 4.1% in the 2nd quarter. JGP Wealth Management LLC now owns 3,483 shares of the company’s stock valued at $408,000 after purchasing an additional 137 shares during the period.

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.