SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) Sees Large Increase in Short Interest

SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 227 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average trading volume of 10,818 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

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

SELV stock opened at $33.03 on Monday. The business has a fifty day moving average of $32.66 and a two-hundred day moving average of $32.74. The stock has a market cap of $170.10 million, a price-to-earnings ratio of 19.12 and a beta of 0.68. SEI Enhanced Low Volatility U.S. Large Cap ETF has a 52-week low of $30.43 and a 52-week high of $33.99.

Hedge Funds Weigh In On SEI Enhanced Low Volatility U.S. Large Cap ETF

A number of hedge funds have recently modified their holdings of the business. Cape Investment Advisory Inc. raised its holdings in SEI Enhanced Low Volatility U.S. Large Cap ETF by 29.7% in the 3rd quarter. Cape Investment Advisory Inc. now owns 1,362 shares of the company’s stock valued at $44,000 after buying an additional 312 shares during the period. K2 Financial Inc. lifted its holdings in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 1.7% in the 1st quarter. K2 Financial Inc. now owns 22,521 shares of the company’s stock worth $733,000 after acquiring an additional 377 shares during the last quarter. Stewardship Advisors LLC lifted its holdings in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 7.1% in the 4th quarter. Stewardship Advisors LLC now owns 8,610 shares of the company’s stock worth $278,000 after acquiring an additional 573 shares during the last quarter. Principal Securities Inc. boosted its position in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 8.2% during the 4th quarter. Principal Securities Inc. now owns 7,725 shares of the company’s stock worth $250,000 after purchasing an additional 587 shares during the period. Finally, NewEdge Advisors LLC boosted its position in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 3.4% during the 3rd quarter. NewEdge Advisors LLC now owns 18,610 shares of the company’s stock worth $594,000 after purchasing an additional 619 shares during the period.

SEI Enhanced Low Volatility U.S. Large Cap ETF Company Profile

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.