Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Sees Large Increase in Short Interest

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 50,851 shares, a growth of 88.1% from the July 15th total of 27,031 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 46,387 shares, the short-interest ratio is presently 1.1 days.

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

Several hedge funds have recently modified their holdings of NULG. Bank of America Corp DE lifted its stake in Nuveen ESG Large-Cap Growth ETF by 156.3% in the 1st quarter. Bank of America Corp DE now owns 8,146,712 shares of the company’s stock worth $740,862,000 after purchasing an additional 4,968,140 shares in the last quarter. TIAA Trust National Association increased its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 1.7% in the fourth quarter. TIAA Trust National Association now owns 2,644,281 shares of the company’s stock worth $258,611,000 after purchasing an additional 43,164 shares during the last quarter. Northwest & Ethical Investments L.P. purchased a new stake in shares of Nuveen ESG Large-Cap Growth ETF in the fourth quarter worth about $128,636,000. LPL Financial LLC boosted its stake in Nuveen ESG Large-Cap Growth ETF by 13.5% during the fourth quarter. LPL Financial LLC now owns 971,536 shares of the company’s stock valued at $95,016,000 after buying an additional 115,242 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in Nuveen ESG Large-Cap Growth ETF by 15.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 678,284 shares of the company’s stock valued at $66,336,000 after buying an additional 89,582 shares during the last quarter.

Nuveen ESG Large-Cap Growth ETF Stock Down 0.4%

Shares of Nuveen ESG Large-Cap Growth ETF stock opened at $117.43 on Tuesday. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17. The stock’s 50-day simple moving average is $114.23 and its 200-day simple moving average is $105.08. Nuveen ESG Large-Cap Growth ETF has a 52 week low of $87.17 and a 52 week high of $118.72.

About Nuveen ESG Large-Cap Growth ETF

The Nuveen ESG Large-Cap Growth ETF (NULG) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Large Cap Growth index. The fund tracks an index composed of large-cap US companies with growth characteristics that also meet certain environmental, social, and governance (ESG) criteria. NULG was launched on Dec 13, 2016 and is managed by Nuveen.