Short Interest in SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) Expands By 2,184,100.0%

SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELVGet Free Report) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 21,842 shares, an increase of 2,184,100.0% from the July 30th total of 1 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 11,145 shares, the short-interest ratio is currently 2.0 days.

Institutional Trading of SEI Enhanced Low Volatility U.S. Large Cap ETF

Several institutional investors have recently added to or reduced their stakes in SELV. Geneos Wealth Management Inc. increased its holdings in shares of 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 purchasing an additional 5,463 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 1.0% during the third quarter. Sei Investments Co. now owns 2,698,387 shares of the company’s stock valued at $86,187,000 after purchasing an additional 27,033 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of 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 purchasing an additional 619 shares in the last quarter. Merit Financial Group LLC boosted its position in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 7.9% during the fourth quarter. Merit Financial Group LLC now owns 17,752 shares of the company’s stock valued at $574,000 after buying an additional 1,295 shares during the last quarter. Finally, FSA Advisors Inc. purchased a new stake in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF during the fourth quarter valued at $593,000.

SEI Enhanced Low Volatility U.S. Large Cap ETF Stock Performance

Shares of BATS:SELV traded up $0.08 during trading on Tuesday, reaching $35.41. 7,951 shares of the stock traded hands, compared to its average volume of 17,600. The stock has a 50-day moving average of $33.68 and a two-hundred day moving average of $33.15. SEI Enhanced Low Volatility U.S. Large Cap ETF has a 52-week low of $30.92 and a 52-week high of $35.41. The stock has a market cap of $182.36 million, a P/E ratio of 19.12 and a beta of 0.68.

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

(Get Free Report)

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.

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