Nuveen ESG Large-Cap Value ETF (BATS:NULV) Short Interest Down 62.1% in May

Nuveen ESG Large-Cap Value ETF (BATS:NULV) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 20,968 shares, a decline of 62.1% from the April 30th total of 55,353 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 82,116 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its holdings in shares of Nuveen ESG Large-Cap Value ETF by 0.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,033,853 shares of the company’s stock worth $89,138,000 after acquiring an additional 16,303 shares in the last quarter. Boston Common Asset Management LLC acquired a new position in shares of Nuveen ESG Large-Cap Value ETF in the 4th quarter worth approximately $587,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of Nuveen ESG Large-Cap Value ETF by 4.1% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 402,502 shares of the company’s stock worth $17,640,000 after acquiring an additional 15,739 shares in the last quarter. Savant Capital LLC boosted its holdings in shares of Nuveen ESG Large-Cap Value ETF by 55.7% in the 3rd quarter. Savant Capital LLC now owns 94,538 shares of the company’s stock worth $4,143,000 after acquiring an additional 33,803 shares in the last quarter. Finally, ST Germain D J Co. Inc. boosted its holdings in shares of Nuveen ESG Large-Cap Value ETF by 29.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 180,326 shares of the company’s stock worth $8,124,000 after acquiring an additional 41,384 shares in the last quarter.

Nuveen ESG Large-Cap Value ETF Trading Down 0.3%

BATS NULV opened at $50.69 on Friday. The stock’s 50 day moving average is $48.21 and its two-hundred day moving average is $46.91. The company has a market capitalization of $2.09 billion, a price-to-earnings ratio of 19.82 and a beta of 0.87. Nuveen ESG Large-Cap Value ETF has a 1-year low of $40.00 and a 1-year high of $50.99.

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.