Nuveen ESG Large-Cap Value ETF (BATS:NULV) Sees Large Drop in Short Interest

Nuveen ESG Large-Cap Value ETF (BATS:NULV) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 50,610 shares, a decrease of 37.9% from the August 31st total of 81,491 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 91,469 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On Nuveen ESG Large-Cap Value ETF

Hedge funds have recently made changes to their positions in the stock. DDFG Inc grew its position in Nuveen ESG Large-Cap Value ETF by 1.7% in the 1st quarter. DDFG Inc now owns 12,875 shares of the company’s stock worth $586,000 after purchasing an additional 221 shares during the last quarter. Hsbc Holdings PLC raised its holdings in shares of Nuveen ESG Large-Cap Value ETF by 0.5% during the first quarter. Hsbc Holdings PLC now owns 49,698 shares of the company’s stock valued at $2,261,000 after buying an additional 238 shares during the last quarter. JGP Wealth Management LLC boosted its position in shares of Nuveen ESG Large-Cap Value ETF by 4.0% during the second quarter. JGP Wealth Management LLC now owns 6,341 shares of the company’s stock worth $317,000 after buying an additional 243 shares during the period. Morgan Dempsey Capital Management LLC boosted its position in shares of Nuveen ESG Large-Cap Value ETF by 6.8% during the first quarter. Morgan Dempsey Capital Management LLC now owns 4,248 shares of the company’s stock worth $193,000 after buying an additional 271 shares during the period. Finally, Riverwater Partners LLC boosted its position in shares of Nuveen ESG Large-Cap Value ETF by 4.4% during the fourth quarter. Riverwater Partners LLC now owns 6,541 shares of the company’s stock worth $295,000 after buying an additional 276 shares during the period.

Nuveen ESG Large-Cap Value ETF Stock Performance

Nuveen ESG Large-Cap Value ETF stock opened at $52.85 on Friday. Nuveen ESG Large-Cap Value ETF has a 1 year low of $42.80 and a 1 year high of $54.23. The firm has a 50 day moving average price of $53.15 and a 200 day moving average price of $50.57. The company has a market cap of $2.18 billion, a price-to-earnings ratio of 19.82 and a beta of 0.87.

About Nuveen ESG Large-Cap Value ETF

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.