SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) Short Interest Down 99.4% in June

SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 150 shares, a drop of 99.4% from the June 15th total of 24,026 shares. Based on an average trading volume of 34,134 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On SEI Enhanced Low Volatility U.S. Large Cap ETF

Hedge funds have recently bought and sold shares of the company. Cape Investment Advisory Inc. lifted its position in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 29.7% during the 3rd quarter. Cape Investment Advisory Inc. now owns 1,362 shares of the company’s stock worth $44,000 after purchasing an additional 312 shares during the last quarter. Global Retirement Partners LLC bought a new stake in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter valued at approximately $140,000. Diversified Enterprises LLC acquired a new stake in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter worth $208,000. Cetera Investment Advisers bought a new position in SEI Enhanced Low Volatility U.S. Large Cap ETF during the fourth quarter worth $243,000. Finally, Principal Securities Inc. raised its stake in 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 valued at $250,000 after purchasing an additional 587 shares during the last quarter.

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

Shares of SEI Enhanced Low Volatility U.S. Large Cap ETF stock opened at $33.23 on Friday. The company has a market capitalization of $171.13 million, a P/E ratio of 19.12 and a beta of 0.68. The business has a 50 day moving average price of $32.76 and a 200 day moving average price of $32.81. SEI Enhanced Low Volatility U.S. Large Cap ETF has a 1 year low of $30.43 and a 1 year high of $33.99.

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

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.