Short Interest in SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) Drops By 99.8%

SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 1 shares, a drop of 99.8% from the July 15th total of 428 shares. Based on an average daily volume of 16,997 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

SEI Enhanced Low Volatility U.S. Large Cap ETF Trading Down 0.1%

Shares of SEI Enhanced Low Volatility U.S. Large Cap ETF stock traded down $0.03 during trading on Tuesday, reaching $34.78. The stock had a trading volume of 4,165 shares, compared to its average volume of 17,740. The company has a market capitalization of $179.12 million, a price-to-earnings ratio of 19.12 and a beta of 0.68. The stock has a fifty day moving average price of $33.28 and a two-hundred day moving average price of $33.01. SEI Enhanced Low Volatility U.S. Large Cap ETF has a 52 week low of $30.92 and a 52 week high of $34.93.

Institutional Investors Weigh In On SEI Enhanced Low Volatility U.S. Large Cap ETF

Several institutional investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. boosted its position in SEI Enhanced Low Volatility U.S. Large Cap ETF by 150.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 9,092 shares of the company’s stock worth $285,000 after acquiring an additional 5,463 shares during the last quarter. Sei Investments Co. boosted its holdings in SEI Enhanced Low Volatility U.S. Large Cap ETF by 1.0% during the third quarter. Sei Investments Co. now owns 2,698,387 shares of the company’s stock worth $86,187,000 after purchasing an additional 27,033 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in SEI Enhanced Low Volatility U.S. Large Cap ETF by 3.4% during the third quarter. NewEdge Advisors LLC now owns 18,610 shares of the company’s stock worth $594,000 after purchasing an additional 619 shares during the last quarter. Merit Financial Group LLC grew its position in SEI Enhanced Low Volatility U.S. Large Cap ETF by 7.9% in the fourth quarter. Merit Financial Group LLC now owns 17,752 shares of the company’s stock valued at $574,000 after purchasing an additional 1,295 shares in the last quarter. Finally, Diversified Enterprises LLC bought a new position in SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter valued at $208,000.

SEI Enhanced Low Volatility U.S. Large Cap ETF Company Profile

The SEI Large Cap Low Volatility Factor ETF (SELV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies, seeking to achieve low volatility. Selection is based on a factor scoring model, a risk model and an optimization process. SELV was launched on May 18, 2022 and is managed by SEI.