Royal Bank of Canada Cuts Stake in Nuveen ESG Large-Cap Value ETF $NULV

Royal Bank of Canada lessened its stake in shares of Nuveen ESG Large-Cap Value ETF (BATS:NULV) by 25.9% during the first quarter, HoldingsChannel reports. The firm owned 121,611 shares of the company’s stock after selling 42,590 shares during the period. Royal Bank of Canada’s holdings in Nuveen ESG Large-Cap Value ETF were worth $5,533,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of NULV. Bank of America Corp DE grew its stake 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 buying an additional 137,834 shares in the last quarter. TIAA Trust National Association lifted its position in 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 acquiring an additional 194,509 shares in the last quarter. LPL Financial LLC boosted 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 acquiring an additional 370,301 shares during the period. Morgan Stanley boosted 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 acquiring an additional 31,083 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in Nuveen ESG Large-Cap Value ETF by 30.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,005,224 shares of the company’s stock worth $45,285,000 after acquiring an additional 237,238 shares during the period.

Nuveen ESG Large-Cap Value ETF Stock Down 0.2%

Shares of BATS:NULV opened at $53.67 on Thursday. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 19.82 and a beta of 0.87. The company has a 50 day moving average of $51.13 and a two-hundred day moving average of $49.00. Nuveen ESG Large-Cap Value ETF has a 52-week low of $42.42 and a 52-week high of $53.90.

Nuveen ESG Large-Cap Value ETF 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.