SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) Short Interest Down 99.6% in August

SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 78 shares, a drop of 99.6% from the August 15th total of 21,842 shares. Based on an average daily trading volume, of 20,684 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

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

Several large investors have recently added to or reduced their stakes in SELV. Global Retirement Partners LLC acquired a new position in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF during the 4th quarter valued at $140,000. Cetera Investment Advisers acquired a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter worth $243,000. Principal Securities Inc. increased its stake in SEI Enhanced Low Volatility U.S. Large Cap ETF by 8.2% in the fourth quarter. Principal Securities Inc. now owns 7,725 shares of the company’s stock valued at $250,000 after purchasing an additional 587 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter valued at $265,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 150.5% during the second quarter. Geneos Wealth Management Inc. now owns 9,092 shares of the company’s stock valued at $285,000 after purchasing an additional 5,463 shares during the period.

SEI Enhanced Low Volatility U.S. Large Cap ETF Trading Down 0.2%

SELV stock traded down $0.06 during midday trading on Thursday, hitting $34.41. The stock had a trading volume of 26,260 shares, compared to its average volume of 17,492. The firm has a market cap of $177.21 million, a P/E ratio of 19.12 and a beta of 0.68. The business has a fifty day moving average price of $34.34 and a two-hundred day moving average price of $33.30. SEI Enhanced Low Volatility U.S. Large Cap ETF has a 1-year low of $30.92 and a 1-year high of $35.62.

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.