Envestnet Asset Management Inc. Trims Stock Holdings in Nuveen ESG Large-Cap Value ETF $NULV

Envestnet Asset Management Inc. lowered its stake in Nuveen ESG Large-Cap Value ETF (BATS:NULV) by 30.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 638,755 shares of the company’s stock after selling 282,104 shares during the quarter. Envestnet Asset Management Inc. owned about 1.55% of Nuveen ESG Large-Cap Value ETF worth $27,995,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in NULV. Smartleaf Asset Management LLC lifted its holdings in shares of Nuveen ESG Large-Cap Value ETF by 57.0% in the 2nd quarter. Smartleaf Asset Management LLC now owns 680 shares of the company’s stock worth $28,000 after acquiring an additional 247 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in Nuveen ESG Large-Cap Value ETF during the third quarter worth $65,000. Hanson & Doremus Investment Management purchased a new position in shares of Nuveen ESG Large-Cap Value ETF during the third quarter worth $67,000. Westfuller Advisors LLC acquired a new stake in shares of Nuveen ESG Large-Cap Value ETF in the third quarter valued at $85,000. Finally, Milestone Investment Advisors LLC raised its holdings in shares of Nuveen ESG Large-Cap Value ETF by 16.8% in the 2nd quarter. Milestone Investment Advisors LLC now owns 2,750 shares of the company’s stock valued at $115,000 after buying an additional 396 shares during the period.

Nuveen ESG Large-Cap Value ETF Price Performance

Shares of Nuveen ESG Large-Cap Value ETF stock opened at $47.18 on Friday. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 19.82 and a beta of 0.87. The business has a 50-day moving average of $46.30 and a 200 day moving average of $44.54. Nuveen ESG Large-Cap Value ETF has a 12 month low of $35.41 and a 12 month high of $48.13.

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.