Short Interest in Nuveen ESG Large-Cap Value ETF (BATS:NULV) Increases By 129.4%

Nuveen ESG Large-Cap Value ETF (BATS:NULV) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 100,837 shares, a growth of 129.4% from the May 31st total of 43,962 shares. Based on an average daily volume of 66,011 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.2% of the company’s stock are sold short.

Nuveen ESG Large-Cap Value ETF Price Performance

Shares of BATS NULV opened at $50.09 on Monday. The stock’s 50-day moving average is $49.93 and its two-hundred day moving average is $47.68. Nuveen ESG Large-Cap Value ETF has a 1-year low of $41.22 and a 1-year high of $51.40. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 19.82 and a beta of 0.87.

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

A number of institutional investors and hedge funds have recently made changes to their positions in NULV. Kingdom Financial Group LLC. acquired a new stake in Nuveen ESG Large-Cap Value ETF in the fourth quarter valued at approximately $27,000. Smartleaf Asset Management LLC grew its holdings in Nuveen ESG Large-Cap Value ETF by 57.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 680 shares of the company’s stock worth $28,000 after acquiring an additional 247 shares in the last quarter. Triumph Capital Management acquired a new position in Nuveen ESG Large-Cap Value ETF during the 3rd quarter worth approximately $34,000. Waverly Advisors LLC purchased a new stake in shares of Nuveen ESG Large-Cap Value ETF in the 1st quarter valued at approximately $43,000. Finally, Orion Capital Management LLC increased its position in shares of Nuveen ESG Large-Cap Value ETF by 191.7% in the 4th quarter. Orion Capital Management LLC now owns 1,371 shares of the company’s stock valued at $62,000 after purchasing an additional 901 shares during the last quarter.

Nuveen ESG Large-Cap Value ETF Company Profile

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.