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

Nuveen ESG Large-Cap ETF (BATS:NULC) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 843 shares, a decline of 90.8% from the September 30th total of 9,153 shares. Based on an average trading volume of 3,472 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Nuveen ESG Large-Cap ETF Trading Up 0.6%

Shares of BATS NULC opened at $55.71 on Wednesday. The company has a market cap of $55.71 million, a price-to-earnings ratio of 26.11 and a beta of 1.01. Nuveen ESG Large-Cap ETF has a 12 month low of $45.06 and a 12 month high of $57.04. The stock has a 50-day moving average price of $55.69 and a two-hundred day moving average price of $52.27.

Institutional Investors Weigh In On Nuveen ESG Large-Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in NULC. Ameritas Advisory Services LLC acquired a new position in Nuveen ESG Large-Cap ETF during the 2nd quarter worth approximately $108,000. Private Advisor Group LLC lifted its stake in Nuveen ESG Large-Cap ETF by 2.7% in the 1st quarter. Private Advisor Group LLC now owns 10,561 shares of the company’s stock valued at $489,000 after purchasing an additional 279 shares during the last quarter. Finally, Wealth Group Ltd boosted its position in Nuveen ESG Large-Cap ETF by 23.0% in the third quarter. Wealth Group Ltd now owns 12,405 shares of the company’s stock valued at $695,000 after buying an additional 2,320 shares in 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.