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

Nuveen ESG Large-Cap ETF (BATS:NULC) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 8,840 shares, a decline of 83.6% from the April 30th total of 54,058 shares. Based on an average daily trading volume, of 2,555 shares, the days-to-cover ratio is presently 3.5 days. Currently, 0.9% of the shares of the stock are sold short.

Nuveen ESG Large-Cap ETF Stock Down 0.2%

Nuveen ESG Large-Cap ETF stock opened at $53.45 on Thursday. The stock has a 50-day simple moving average of $49.91 and a 200 day simple moving average of $49.75. Nuveen ESG Large-Cap ETF has a 12-month low of $45.06 and a 12-month high of $53.60. The stock has a market capitalization of $53.45 million, a price-to-earnings ratio of 26.11 and a beta of 1.01.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Private Advisor Group LLC raised its holdings 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 during the last quarter. Kestra Advisory Services LLC bought a new position in shares of Nuveen ESG Large-Cap ETF in the fourth quarter valued at about $160,000. Commonwealth Equity Services LLC raised its holdings in shares of Nuveen ESG Large-Cap ETF by 49.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 24,071 shares of the company’s stock valued at $1,152,000 after buying an additional 7,956 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in shares of Nuveen ESG Large-Cap ETF in the fourth quarter valued at about $208,000. Finally, HighTower Advisors LLC raised its holdings in shares of Nuveen ESG Large-Cap ETF by 34.9% in the fourth quarter. HighTower Advisors LLC now owns 8,414 shares of the company’s stock valued at $403,000 after buying an additional 2,178 shares during the last quarter.

Nuveen ESG Large-Cap ETF Company Profile

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.