Short Interest in Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Grows By 88.1%

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. Based on an average trading volume of 46,387 shares, the short-interest ratio is currently 1.1 days. Approximately 0.3% of the shares of the company are sold short.

Nuveen ESG Large-Cap Growth ETF Stock Down 0.4%

Shares of BATS:NULG opened at $117.92 on Friday. Nuveen ESG Large-Cap Growth ETF has a fifty-two week low of $87.17 and a fifty-two week high of $118.72. The firm’s 50-day simple moving average is $114.10 and its 200-day simple moving average is $104.91. The company has a market cap of $2.06 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17.

Institutional Investors Weigh In On Nuveen ESG Large-Cap Growth ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in Nuveen ESG Large-Cap Growth ETF by 156.3% during 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 during the period. Northwest & Ethical Investments L.P. purchased a new position in shares of Nuveen ESG Large-Cap Growth ETF during the 4th quarter worth approximately $128,636,000. LPL Financial LLC lifted its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 13.5% in the 4th 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 period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Nuveen ESG Large-Cap Growth ETF by 743.0% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 119,486 shares of the company’s stock valued at $11,883,000 after buying an additional 105,312 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Nuveen ESG Large-Cap Growth ETF by 15.2% in 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 in the last quarter.

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.