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

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 6,152 shares, a growth of 562.2% from the April 30th total of 929 shares. Based on an average trading volume of 99,292 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Nuveen ESG Large-Cap Growth ETF Stock Performance

Shares of NULG stock opened at $111.88 on Friday. The stock’s 50 day simple moving average is $101.33 and its 200 day simple moving average is $98.67. Nuveen ESG Large-Cap Growth ETF has a twelve month low of $87.17 and a twelve month high of $112.46. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE raised its stake in shares of 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 valued at $740,862,000 after acquiring an additional 4,968,140 shares in the last quarter. TIAA Trust National Association raised its stake in shares of Nuveen ESG Large-Cap Growth ETF by 1.7% in the 4th quarter. TIAA Trust National Association now owns 2,644,281 shares of the company’s stock valued at $258,611,000 after acquiring an additional 43,164 shares in the last quarter. Northwest & Ethical Investments L.P. bought a new position in shares of Nuveen ESG Large-Cap Growth ETF in the 4th quarter valued at approximately $128,636,000. LPL Financial LLC raised its stake 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 acquiring an additional 115,242 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of Nuveen ESG Large-Cap Growth ETF by 15.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 678,284 shares of the company’s stock valued at $66,336,000 after acquiring an additional 89,582 shares in the last quarter.

Nuveen ESG Large-Cap Growth ETF Company Profile

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.