SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) Short Interest Update

SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 8,050 shares, a drop of 48.8% from the August 15th total of 15,715 shares. Based on an average daily volume of 119,949 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Trading Up 0.0%

Shares of SEIM stock opened at $52.61 on Thursday. The firm has a market capitalization of $817.03 million, a PE ratio of 29.16 and a beta of 1.09. The firm has a fifty day simple moving average of $53.89 and a two-hundred day simple moving average of $51.92. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a 12 month low of $42.86 and a 12 month high of $56.23.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Sei Investments Co. increased its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 2.5% in the 1st quarter. Sei Investments Co. now owns 13,469,751 shares of the company’s stock valued at $613,549,000 after buying an additional 329,618 shares during the last quarter. K2 Financial Inc. boosted its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.8% in the 1st quarter. K2 Financial Inc. now owns 104,952 shares of the company’s stock worth $4,781,000 after buying an additional 1,853 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter worth about $3,081,000. Csenge Advisory Group grew its position in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 5.7% during the fourth quarter. Csenge Advisory Group now owns 62,163 shares of the company’s stock valued at $2,868,000 after buying an additional 3,354 shares during the period. Finally, Stark Wealth Management LLC bought a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the fourth quarter valued at about $2,735,000.

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

The SEI Large Cap Momentum Factor ETF (SEIM) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies, exhibiting strong momentum. Selection is based on a quantitative model and an optimization process. SEIM was launched on May 18, 2022 and is managed by SEI.