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

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 929 shares, a decrease of 97.1% from the April 15th total of 32,036 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 111,349 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Coldstream Capital Management Inc. boosted its position in shares of Nuveen ESG Large-Cap Growth ETF by 69.2% in the 3rd quarter. Coldstream Capital Management Inc. now owns 118,338 shares of the company’s stock valued at $11,769,000 after purchasing an additional 48,398 shares during the period. TIAA Trust National Association boosted its position in shares of Nuveen ESG Large-Cap Growth ETF by 3.5% in the 3rd quarter. TIAA Trust National Association now owns 2,601,117 shares of the company’s stock valued at $258,681,000 after purchasing an additional 88,331 shares during the period. Rede Wealth LLC acquired a new stake in shares of Nuveen ESG Large-Cap Growth ETF in the 4th quarter valued at about $590,000. Elevation Capital Advisory LLC acquired a new stake in shares of Nuveen ESG Large-Cap Growth ETF in the 4th quarter valued at about $4,990,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Nuveen ESG Large-Cap Growth ETF by 640.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 587,150 shares of the company’s stock valued at $58,392,000 after purchasing an additional 507,812 shares during the period.

Nuveen ESG Large-Cap Growth ETF Stock Performance

BATS:NULG opened at $109.19 on Tuesday. The stock has a 50-day simple moving average of $97.28 and a 200-day simple moving average of $97.78. The stock has a market cap of $1.91 billion, a P/E ratio of 39.38 and a beta of 1.17. Nuveen ESG Large-Cap Growth ETF has a 1 year low of $85.00 and a 1 year high of $109.69.

Nuveen ESG Large-Cap Growth ETF Company Profile

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.