Nuveen ESG Large-Cap ETF (BATS:NULC) Sees Large Growth in Short Interest

Nuveen ESG Large-Cap ETF (BATS:NULC) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 13,294 shares, a growth of 1,477.0% from the October 15th total of 843 shares. Based on an average daily trading volume, of 12,493 shares, the short-interest ratio is presently 1.1 days. Currently, 0.9% of the shares of the company are sold short.

Nuveen ESG Large-Cap ETF Stock Performance

Shares of Nuveen ESG Large-Cap ETF stock opened at $53.96 on Wednesday. The firm has a 50-day simple moving average of $55.46 and a two-hundred day simple moving average of $52.55. The company has a market cap of $78.24 million, a P/E ratio of 27.00 and a beta of 1.01. Nuveen ESG Large-Cap ETF has a fifty-two week low of $45.06 and a fifty-two week high of $57.04.

Hedge Funds Weigh In On Nuveen ESG Large-Cap ETF

Several institutional investors and hedge funds have recently modified their holdings of NULC. Ameritas Advisory Services LLC purchased a new position in Nuveen ESG Large-Cap ETF during the second quarter worth approximately $108,000. Private Advisor Group LLC increased its position in shares of Nuveen ESG Large-Cap ETF by 2.7% in the first quarter. Private Advisor Group LLC now owns 10,561 shares of the company’s stock valued at $489,000 after buying an additional 279 shares in the last quarter. Wealth Group Ltd. raised its stake in shares of Nuveen ESG Large-Cap ETF by 23.0% during the 3rd quarter. Wealth Group Ltd. now owns 12,405 shares of the company’s stock worth $695,000 after buying an additional 2,320 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Nuveen ESG Large-Cap ETF during the 3rd quarter worth approximately $3,801,000.

About Nuveen ESG Large-Cap ETF

The Nuveen ESG Large-Cap ETF (NULC) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Large Cap index. The fund tracks a multi-factor-weighted index of large-cap companies listed on US exchanges. Holdings are screened for environmental, social, and governance criteria (ESG). NULC was launched on Jun 3, 2019 and is managed by Nuveen.