SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) Sees Significant Growth in Short Interest

SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQGet Free Report) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 19,912 shares, a growth of 136.3% from the July 30th total of 8,427 shares. Based on an average daily volume of 32,995 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On SEI Enhanced U.S. Large Cap Quality Factor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Stark Wealth Management LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the fourth quarter worth $1,573,000. Sei Investments Co. lifted its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 8.1% in the first quarter. Sei Investments Co. now owns 8,212,136 shares of the company’s stock valued at $299,006,000 after acquiring an additional 613,643 shares in the last quarter. Compass Capital Corp MA ADV acquired a new stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the fourth quarter valued at $643,000. Ameritas Advisory Services LLC purchased a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF during the 4th quarter worth about $1,010,000. Finally, Global Retirement Partners LLC purchased a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF during the 4th quarter worth about $1,485,000.

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

SEIQ stock opened at $42.47 on Friday. The company’s 50 day simple moving average is $40.84 and its 200-day simple moving average is $39.27. The firm has a market capitalization of $382.23 million, a PE ratio of 26.58 and a beta of 0.83. SEI Enhanced U.S. Large Cap Quality Factor ETF has a 12 month low of $35.53 and a 12 month high of $42.62.

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

(Get Free Report)

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.

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