Short Interest in Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Grows By 88.1%

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) was the target 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. Based on an average daily trading volume, of 46,387 shares, the short-interest ratio is currently 1.1 days. Approximately 0.3% of the company’s stock are sold short.

Nuveen ESG Large-Cap Growth ETF Price Performance

BATS NULG opened at $117.92 on Friday. The firm’s fifty day moving average price is $114.10 and its 200 day moving average price is $104.91. Nuveen ESG Large-Cap Growth ETF has a 12 month low of $87.17 and a 12 month high of $118.72. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17.

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

Several hedge funds have recently made changes to their positions in the company. Trust Co. of Vermont acquired a new stake in shares of Nuveen ESG Large-Cap Growth ETF during the second quarter worth about $229,000. Scott Capital Advisors LLC boosted its position in shares of Nuveen ESG Large-Cap Growth ETF by 2.5% in the 2nd quarter. Scott Capital Advisors LLC now owns 25,039 shares of the company’s stock valued at $2,931,000 after purchasing an additional 619 shares during the period. KMG Fiduciary Partners LLC purchased a new position in Nuveen ESG Large-Cap Growth ETF during the 2nd quarter worth approximately $209,000. RVW Wealth LLC grew its stake in Nuveen ESG Large-Cap Growth ETF by 3.5% during the 2nd quarter. RVW Wealth LLC now owns 132,672 shares of the company’s stock worth $15,531,000 after buying an additional 4,437 shares during the last quarter. Finally, JGP Wealth Management LLC lifted its stake in Nuveen ESG Large-Cap Growth ETF by 4.1% in the second quarter. JGP Wealth Management LLC now owns 3,483 shares of the company’s stock valued at $408,000 after buying an additional 137 shares during the last quarter.

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.