SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM – Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 7,038 shares, an increase of 174.3% from the July 15th total of 2,566 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 100,934 shares, the short-interest ratio is presently 0.1 days.
Hedge Funds Weigh In On SEI Enhanced U.S. Large Cap Momentum Factor ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. LPL Financial LLC raised its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 2.3% during the 4th quarter. LPL Financial LLC now owns 17,407 shares of the company’s stock worth $803,000 after buying an additional 388 shares in the last quarter. Binnacle Investments Inc boosted its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 8.2% in the third quarter. Binnacle Investments Inc now owns 6,876 shares of the company’s stock valued at $312,000 after buying an additional 519 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 5.4% in the first quarter. Royal Bank of Canada now owns 10,422 shares of the company’s stock valued at $475,000 after buying an additional 537 shares in the last quarter. NewEdge Advisors LLC grew its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.8% during the second quarter. NewEdge Advisors LLC now owns 43,268 shares of the company’s stock worth $1,824,000 after acquiring an additional 765 shares during the period. Finally, Bank of America Corp DE grew its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 183.8% during the fourth quarter. Bank of America Corp DE now owns 1,260 shares of the company’s stock worth $49,000 after acquiring an additional 816 shares during the period.
SEI Enhanced U.S. Large Cap Momentum Factor ETF Stock Up 0.2%
BATS SEIM opened at $55.76 on Friday. The stock has a market capitalization of $865.95 million, a P/E ratio of 29.16 and a beta of 1.09. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a 52-week low of $40.90 and a 52-week high of $56.23. The firm has a 50-day moving average price of $54.18 and a 200 day moving average price of $50.92.
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.
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