Short Interest in SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Expands By 134.6%

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 8,736 shares, an increase of 134.6% from the May 14th total of 3,724 shares. Based on an average trading volume of 128,807 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 0.8%

Shares of BATS:SEIV opened at $48.48 on Friday. SEI Enhanced U.S. Large Cap Value Factor ETF has a 12 month low of $34.14 and a 12 month high of $49.49. The company has a market cap of $848.40 million, a price-to-earnings ratio of 13.06 and a beta of 1.03. The company has a 50-day moving average price of $45.35 and a 200 day moving average price of $43.10.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Assetmark Inc. raised its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 46.9% in the 3rd quarter. Assetmark Inc. now owns 1,009 shares of the company’s stock worth $39,000 after purchasing an additional 322 shares during the period. Morton Brown Family Wealth LLC purchased a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the 4th quarter worth about $46,000. Kestra Advisory Services LLC purchased a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the 4th quarter worth about $50,000. Bank of America Corp DE raised its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% in 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 period. Finally, Turning Point Benefit Group Inc. purchased a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the 3rd quarter worth about $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.