SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) Short Interest Update

SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 19,912 shares, an increase of 136.3% from the July 30th total of 8,427 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 32,995 shares, the short-interest ratio is currently 0.6 days.

SEI Enhanced U.S. Large Cap Quality Factor ETF Stock Performance

Shares of SEIQ opened at $42.47 on Friday. SEI Enhanced U.S. Large Cap Quality Factor ETF has a 1 year low of $35.53 and a 1 year high of $42.62. The company’s 50 day simple moving average is $40.84 and its 200 day simple moving average is $39.27. The company has a market capitalization of $382.23 million, a price-to-earnings ratio of 26.58 and a beta of 0.83.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Sei Investments Co. boosted its holdings in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 8.1% during the first quarter. Sei Investments Co. now owns 8,212,136 shares of the company’s stock worth $299,006,000 after purchasing an additional 613,643 shares during the last quarter. Summit Wealth Group LLC Co. purchased a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF during the fourth quarter worth about $44,117,000. Osaic Holdings Inc. lifted its position in SEI Enhanced U.S. Large Cap Quality Factor ETF by 1,036.5% during the fourth quarter. Osaic Holdings Inc. now owns 266,784 shares of the company’s stock worth $10,386,000 after buying an additional 243,310 shares during the period. Beacon Pointe Advisors LLC boosted its stake in SEI Enhanced U.S. Large Cap Quality Factor ETF by 0.8% in the 4th quarter. Beacon Pointe Advisors LLC now owns 140,376 shares of the company’s stock worth $5,465,000 after buying an additional 1,146 shares during the last quarter. Finally, K2 Financial Inc. boosted its stake in SEI Enhanced U.S. Large Cap Quality Factor ETF by 4.3% in the 2nd quarter. K2 Financial Inc. now owns 66,846 shares of the company’s stock worth $2,693,000 after buying an additional 2,743 shares during the last quarter.

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.