NewEdge Advisors LLC Sells 17,596 Shares of Nuveen ESG Large-Cap Value ETF $NULV

NewEdge Advisors LLC reduced its position in Nuveen ESG Large-Cap Value ETF (BATS:NULV) by 16.5% during the first quarter, HoldingsChannel.com reports. The firm owned 88,982 shares of the company’s stock after selling 17,596 shares during the period. NewEdge Advisors LLC’s holdings in Nuveen ESG Large-Cap Value ETF were worth $4,049,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Revolve Wealth Partners LLC boosted its position in shares of Nuveen ESG Large-Cap Value ETF by 9.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 36,241 shares of the company’s stock valued at $1,427,000 after buying an additional 3,009 shares during the period. Royal Bank of Canada raised its holdings in shares of Nuveen ESG Large-Cap Value ETF by 5.0% in the first quarter. Royal Bank of Canada now owns 106,962 shares of the company’s stock worth $4,331,000 after buying an additional 5,106 shares during the period. Goldman Sachs Group Inc. purchased a new stake in shares of Nuveen ESG Large-Cap Value ETF in the first quarter worth approximately $7,521,000. Cerity Partners LLC raised its holdings in shares of Nuveen ESG Large-Cap Value ETF by 8.4% in the second quarter. Cerity Partners LLC now owns 13,746 shares of the company’s stock worth $576,000 after buying an additional 1,071 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in shares of Nuveen ESG Large-Cap Value ETF by 0.6% during the 2nd quarter. Raymond James Financial Inc. now owns 326,257 shares of the company’s stock worth $13,675,000 after acquiring an additional 2,009 shares during the last quarter.

Nuveen ESG Large-Cap Value ETF Stock Up 0.6%

NULV opened at $51.52 on Friday. The business has a fifty day moving average of $50.72 and a 200 day moving average of $48.60. Nuveen ESG Large-Cap Value ETF has a 52-week low of $41.22 and a 52-week high of $52.01. The stock has a market cap of $2.13 billion, a P/E 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.