Short Interest in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) Decreases By 88.8%

SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 3,693 shares, a decline of 88.8% from the May 31st total of 32,962 shares. Based on an average daily volume of 35,625 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of SEI Enhanced U.S. Large Cap Quality Factor ETF

A number of large investors have recently made changes to their positions in the company. Turning Point Benefit Group Inc. acquired a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF in the third quarter valued at approximately $39,000. Larson Financial Group LLC acquired a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF during the 3rd quarter worth approximately $48,000. Whipplewood Advisors LLC grew its holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF by 120.7% during the 1st quarter. Whipplewood Advisors LLC now owns 2,911 shares of the company’s stock worth $106,000 after acquiring an additional 1,592 shares in the last quarter. Binnacle Investments Inc increased its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 60.1% in the 2nd quarter. Binnacle Investments Inc now owns 3,403 shares of the company’s stock valued at $127,000 after purchasing an additional 1,277 shares during the last quarter. Finally, Stewardship Advisors LLC increased its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 4.0% in the 4th quarter. Stewardship Advisors LLC now owns 12,032 shares of the company’s stock valued at $468,000 after purchasing an additional 464 shares during the last quarter.

SEI Enhanced U.S. Large Cap Quality Factor ETF Price Performance

Shares of BATS SEIQ opened at $39.00 on Friday. The stock’s 50-day moving average is $39.22 and its two-hundred day moving average is $38.62. SEI Enhanced U.S. Large Cap Quality Factor ETF has a 1-year low of $35.53 and a 1-year high of $41.13. The company has a market cap of $351 million, a price-to-earnings ratio of 26.58 and a beta of 0.83.

SEI Enhanced U.S. Large Cap Quality Factor ETF Company Profile

The SEI Large Cap Quality Factor ETF (SEIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks it perceives as high quality, based on various quality, profitability, and risk factors. SEIQ was launched on May 18, 2022 and is managed by SEI.