Short Interest in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) Declines By 88.8%

SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,693 shares, a decline of 88.8% from the May 31st total of 32,962 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 35,625 shares, the short-interest ratio is presently 0.1 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. Stewardship Advisors LLC boosted its stake in SEI Enhanced U.S. Large Cap Quality Factor ETF by 4.0% during the 4th quarter. Stewardship Advisors LLC now owns 12,032 shares of the company’s stock worth $468,000 after purchasing an additional 464 shares during the period. Binnacle Investments Inc increased its stake in SEI Enhanced U.S. Large Cap Quality Factor ETF by 14.1% in the third quarter. Binnacle Investments Inc now owns 3,884 shares of the company’s stock valued at $150,000 after purchasing an additional 481 shares during the period. Apella Capital LLC raised its holdings in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 2.8% in the first quarter. Apella Capital LLC now owns 20,896 shares of the company’s stock valued at $808,000 after buying an additional 562 shares during the last quarter. K2 Financial Inc. raised its holdings in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 1.0% in the fourth quarter. K2 Financial Inc. now owns 59,670 shares of the company’s stock valued at $2,331,000 after buying an additional 589 shares during the last quarter. Finally, Petra Financial Advisors Inc. boosted its stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 5.2% during the fourth quarter. Petra Financial Advisors Inc. now owns 17,909 shares of the company’s stock worth $697,000 after buying an additional 891 shares during the period.

SEI Enhanced U.S. Large Cap Quality Factor ETF Trading Down 1.2%

SEIQ stock opened at $38.54 on Friday. The company has a market capitalization of $346.86 million, a P/E ratio of 26.58 and a beta of 0.83. SEI Enhanced U.S. Large Cap Quality Factor ETF has a twelve month low of $35.53 and a twelve month high of $41.13. The business has a 50 day simple moving average of $39.20 and a 200-day simple moving average of $38.62.

About SEI Enhanced U.S. Large Cap Quality Factor ETF

The SEI Large Cap Quality Factor ETF (SEIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks it perceives as high quality, based on various quality, profitability, and risk factors. SEIQ was launched on May 18, 2022 and is managed by SEI.