SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) Sees Significant Increase in Short Interest

SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 428 shares, an increase of 185.3% from the June 30th total of 150 shares. Based on an average trading volume of 12,439 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

SEI Enhanced Low Volatility U.S. Large Cap ETF Trading Up 0.4%

SELV traded up $0.15 during midday trading on Monday, reaching $33.77. The company’s stock had a trading volume of 11,221 shares, compared to its average volume of 18,241. The stock’s 50-day moving average is $32.96 and its 200-day moving average is $32.87. SEI Enhanced Low Volatility U.S. Large Cap ETF has a 1 year low of $30.43 and a 1 year high of $33.99. The firm has a market capitalization of $173.92 million, a price-to-earnings ratio of 19.12 and a beta of 0.68.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Geneos Wealth Management Inc. raised its position in SEI Enhanced Low Volatility U.S. Large Cap ETF by 150.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 9,092 shares of the company’s stock worth $285,000 after buying an additional 5,463 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 1.0% in the third quarter. Sei Investments Co. now owns 2,698,387 shares of the company’s stock worth $86,187,000 after buying an additional 27,033 shares during the last quarter. NewEdge Advisors LLC grew its position 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 valued at $594,000 after buying an additional 619 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in SEI Enhanced Low Volatility U.S. Large Cap ETF by 6.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 45,154 shares of the company’s stock valued at $1,462,000 after purchasing an additional 2,887 shares in the last quarter. Finally, Stewardship Advisors LLC lifted its holdings in SEI Enhanced Low Volatility U.S. Large Cap ETF by 7.1% during the fourth quarter. Stewardship Advisors LLC now owns 8,610 shares of the company’s stock valued at $278,000 after purchasing an additional 573 shares in the last quarter.

About SEI Enhanced Low Volatility U.S. Large Cap ETF

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.