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

Nuveen ESG Large-Cap ETF (BATS:NULC) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,745 shares, a drop of 74.9% from the May 31st total of 6,954 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,708 shares, the days-to-cover ratio is presently 0.5 days.

Nuveen ESG Large-Cap ETF Price Performance

Nuveen ESG Large-Cap ETF stock opened at $53.06 on Friday. The stock’s 50 day moving average price is $52.75 and its 200 day moving average price is $50.03. Nuveen ESG Large-Cap ETF has a 1-year low of $45.06 and a 1-year high of $54.91. The company has a market cap of $53.06 million, a PE ratio of 26.11 and a beta of 1.01.

Institutional Investors Weigh In On Nuveen ESG Large-Cap ETF

Several institutional investors have recently made changes to their positions in the stock. Commonwealth Equity Services LLC increased its holdings in shares of Nuveen ESG Large-Cap ETF by 49.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 24,071 shares of the company’s stock valued at $1,152,000 after purchasing an additional 7,956 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Nuveen ESG Large-Cap ETF by 39.0% during the second quarter. Tower Research Capital LLC TRC now owns 23,863 shares of the company’s stock worth $1,170,000 after buying an additional 6,696 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Nuveen ESG Large-Cap ETF by 2.7% during the first quarter. Private Advisor Group LLC now owns 10,561 shares of the company’s stock worth $489,000 after buying an additional 279 shares in the last quarter. HighTower Advisors LLC grew its position in Nuveen ESG Large-Cap ETF by 34.9% during the fourth quarter. HighTower Advisors LLC now owns 8,414 shares of the company’s stock worth $403,000 after buying an additional 2,178 shares during the period. Finally, Osaic Holdings Inc. grew its position in Nuveen ESG Large-Cap ETF by 4.0% during the second quarter. Osaic Holdings Inc. now owns 8,261 shares of the company’s stock worth $405,000 after buying an additional 318 shares during the period.

About Nuveen ESG Large-Cap ETF

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.