Nuveen ESG Large-Cap Value ETF (BATS:NULV) Shares Acquired by Truist Financial Corp
Truist Financial Corp recently increased its stake in Nuveen ESG Large-Cap Value ETF by 10.6% during the 4th quarter, according to a report from HoldingsChannel.com. The institutional investor now owns 27,966 shares of the company’s stock, valued at $1,004,000 after acquiring an additional 2,685 shares. Other hedge funds have also made adjustments to their holdings in Nuveen ESG Large-Cap Value ETF, showcasing confidence in the company’s potential growth.
Nuveen ESG Large-Cap Value ETF (NULV) is an exchange-traded fund that follows the MSCI TIAA ESG USA Large Cap Value index, focusing on US large-cap value stocks that meet high environmental, social, and governance criteria. With a one year low of $25.49 and a one year high of $30.70, the stock’s performance has been steady, opening at $38.23 on Tuesday.
DailyBubble sees this as a positive indicator of the market’s interest in sustainable and socially responsible investments. The increase in stake by Truist Financial Corp and other hedge funds reflects a growing trend towards ESG investing. As more investors prioritize ethical and sustainable practices, Nuveen ESG Large-Cap Value ETF could continue to attract attention and potentially see further growth in the future.