Short Interest in Nuveen ESG Large-Cap Growth ETF (BATS:NULG) Declines By 63.8%

Nuveen ESG Large-Cap Growth ETF (BATS:NULG) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 18,405 shares, a decline of 63.8% from the July 30th total of 50,851 shares. Based on an average daily volume of 41,044 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

Nuveen ESG Large-Cap Growth ETF Stock Performance

Shares of Nuveen ESG Large-Cap Growth ETF stock opened at $116.09 on Friday. Nuveen ESG Large-Cap Growth ETF has a 52-week low of $87.17 and a 52-week high of $118.72. The company’s 50 day moving average price is $114.50 and its 200-day moving average price is $106.10. The stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of 39.38 and a beta of 1.17.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Waverly Advisors LLC bought a new stake in shares of Nuveen ESG Large-Cap Growth ETF in the first quarter worth about $33,000. Kingdom Financial Group LLC. purchased a new stake in Nuveen ESG Large-Cap Growth ETF in the 4th quarter worth approximately $37,000. Montgomery Financial Services LLC purchased a new stake in Nuveen ESG Large-Cap Growth ETF in the 2nd quarter worth approximately $40,000. Qube Research & Technologies Ltd bought a new stake in shares of Nuveen ESG Large-Cap Growth ETF in the 3rd quarter worth approximately $40,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of Nuveen ESG Large-Cap Growth ETF by 241.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 564 shares of the company’s stock valued at $56,000 after buying an additional 399 shares during the period.

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.