Thrivent Financial for Lutherans Cuts Position in Nuveen ESG Large-Cap Value ETF $NULV

Thrivent Financial for Lutherans trimmed its stake in Nuveen ESG Large-Cap Value ETF (BATS:NULV) by 88.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 74,074 shares of the company’s stock after selling 568,219 shares during the period. Thrivent Financial for Lutherans owned 0.18% of Nuveen ESG Large-Cap Value ETF worth $3,105,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its stake in Nuveen ESG Large-Cap Value ETF by 57.0% in the second quarter. Smartleaf Asset Management LLC now owns 680 shares of the company’s stock valued at $28,000 after purchasing an additional 247 shares during the last quarter. First Business Financial Services Inc. lifted its position in shares of Nuveen ESG Large-Cap Value ETF by 1.4% during the second quarter. First Business Financial Services Inc. now owns 21,249 shares of the company’s stock valued at $891,000 after buying an additional 300 shares during the last quarter. Investors Research Corp boosted its holdings in shares of Nuveen ESG Large-Cap Value ETF by 18.9% in the 2nd quarter. Investors Research Corp now owns 1,902 shares of the company’s stock valued at $80,000 after buying an additional 302 shares in the last quarter. Clarity Wealth Development LLC grew its position in shares of Nuveen ESG Large-Cap Value ETF by 3.6% in the 2nd quarter. Clarity Wealth Development LLC now owns 9,229 shares of the company’s stock worth $387,000 after buying an additional 324 shares during the last quarter. Finally, Diversified Portfolios Inc. raised its stake in shares of Nuveen ESG Large-Cap Value ETF by 1.9% during the 2nd quarter. Diversified Portfolios Inc. now owns 19,473 shares of the company’s stock worth $816,000 after acquiring an additional 372 shares in the last quarter.

Nuveen ESG Large-Cap Value ETF Stock Up 13.8%

BATS:NULV opened at $45.03 on Monday. Nuveen ESG Large-Cap Value ETF has a 52 week low of $35.41 and a 52 week high of $43.39. The firm has a 50 day moving average of $44.73 and a 200 day moving average of $43.25. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of 19.82 and a beta of 0.87.

Nuveen ESG Large-Cap Value ETF Profile

The Nuveen ESG Large-Cap Value ETF (NULV) is an exchange-traded fund that is based on the MSCI TIAA ESG USA Large Cap Value index. The fund tracks an index of US large-cap value stocks that score highly on environmental, social, and governance (ESG) criteria. The fund is weighted using a multi-factor optimizer. NULV was launched on Dec 13, 2016 and is managed by Nuveen.