SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) Short Interest Down 40.3% in July

SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 8,427 shares, a decline of 40.3% from the July 15th total of 14,117 shares. Based on an average daily volume of 51,988 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

SEI Enhanced U.S. Large Cap Quality Factor ETF Trading Down 1.4%

Shares of SEIQ opened at $41.38 on Tuesday. The firm has a market cap of $372.42 million, a PE ratio of 26.58 and a beta of 0.83. The firm has a fifty day simple moving average of $40.40 and a two-hundred day simple moving average of $39.10. SEI Enhanced U.S. Large Cap Quality Factor ETF has a 1-year low of $35.53 and a 1-year high of $42.59.

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

A number of hedge funds have recently bought and sold shares of SEIQ. Turning Point Benefit Group Inc. bought a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF in the third quarter valued at about $39,000. Larson Financial Group LLC bought a new stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the 3rd quarter valued at about $48,000. Whipplewood Advisors LLC grew its stake in shares of 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 valued at $106,000 after purchasing an additional 1,592 shares during the period. Binnacle Investments Inc increased its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 60.1% during 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 9.9% during the 1st quarter. Stewardship Advisors LLC now owns 13,222 shares of the company’s stock valued at $481,000 after purchasing an additional 1,190 shares during the last quarter.

About SEI Enhanced U.S. Large Cap Quality Factor ETF

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.