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

SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 24,026 shares, a growth of 10,484.1% from the May 31st total of 227 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 12,620 shares, the days-to-cover ratio is presently 1.9 days.

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

SELV stock opened at $32.64 on Friday. The company’s 50 day moving average price is $32.64 and its 200 day moving average price is $32.75. SEI Enhanced Low Volatility U.S. Large Cap ETF has a fifty-two week low of $30.43 and a fifty-two week high of $33.99. The firm has a market capitalization of $168.10 million, a price-to-earnings ratio of 19.12 and a beta of 0.68.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SELV. Sei Investments Co. raised its holdings in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 0.5% in the 1st quarter. Sei Investments Co. now owns 2,721,070 shares of the company’s stock valued at $87,994,000 after purchasing an additional 12,864 shares in the last quarter. Pollock Investment Advisors LLC grew its stake in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 1.8% during the fourth quarter. Pollock Investment Advisors LLC now owns 1,594,323 shares of the company’s stock worth $51,513,000 after purchasing an additional 28,522 shares in the last quarter. Chatterton & Associates Inc. grew its stake in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 81.1% during the first quarter. Chatterton & Associates Inc. now owns 84,415 shares of the company’s stock worth $2,750,000 after purchasing an additional 37,805 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in SEI Enhanced Low Volatility U.S. Large Cap ETF by 6.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 45,154 shares of the company’s stock valued at $1,462,000 after buying an additional 2,887 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in SEI Enhanced Low Volatility U.S. Large Cap ETF by 577.3% in the fourth quarter. Osaic Holdings Inc. now owns 41,960 shares of the company’s stock valued at $1,356,000 after buying an additional 35,765 shares during the last quarter.

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.