SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Short Interest Down 70.7% in May

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 3,724 shares, a decline of 70.7% from the April 30th total of 12,723 shares. Based on an average daily volume of 70,746 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 0.3%

Shares of SEIV opened at $47.67 on Friday. SEI Enhanced U.S. Large Cap Value Factor ETF has a twelve month low of $33.68 and a twelve month high of $47.77. The stock’s 50 day moving average is $43.81 and its two-hundred day moving average is $42.45. The firm has a market capitalization of $834.23 million, a PE ratio of 13.06 and a beta of 1.03.

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

Institutional investors have recently modified their holdings of the company. Assetmark Inc. boosted its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 46.9% during the 3rd quarter. Assetmark Inc. now owns 1,009 shares of the company’s stock worth $39,000 after acquiring an additional 322 shares in the last quarter. Morton Brown Family Wealth LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 4th quarter worth approximately $46,000. Kestra Advisory Services LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 4th quarter worth approximately $50,000. Bank of America Corp DE raised its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% during the 4th quarter. Bank of America Corp DE now owns 1,410 shares of the company’s stock worth $47,000 after purchasing an additional 936 shares during the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 3rd quarter worth approximately $84,000.

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

The SEI Large Cap Value Factor ETF (SEIV) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks that are perceived to be at a discount relative to their fair valuation. SEIV was launched on May 18, 2022 and is managed by SEI.