SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) Stock Short Interest Declines 91.7%

SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 192 shares, a decrease of 91.7% from the September 15th total of 2,323 shares. Based on an average daily volume of 6,739 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of SELV. Royal Bank of Canada boosted its holdings in SEI Enhanced Low Volatility U.S. Large Cap ETF by 8,041.4% during the first quarter. Royal Bank of Canada now owns 14,166 shares of the company’s stock worth $458,000 after buying an additional 13,992 shares during the last quarter. Sei Investments Co. increased its stake 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 acquiring an additional 12,864 shares during the last quarter. Cetera Investment Advisers raised its position in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF by 8.9% in the 1st quarter. Cetera Investment Advisers now owns 8,186 shares of the company’s stock valued at $265,000 after acquiring an additional 667 shares during the period. Geneos Wealth Management Inc. acquired a new stake in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF in the 1st quarter valued at approximately $1,197,000. Finally, K2 Financial Inc. boosted its stake in SEI Enhanced Low Volatility U.S. Large Cap ETF by 1.7% during the 1st quarter. K2 Financial Inc. now owns 22,521 shares of the company’s stock worth $733,000 after acquiring an additional 377 shares during the last quarter.

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

Shares of BATS SELV traded up $0.02 during midday trading on Friday, reaching $34.72. 13,505 shares of the company traded hands, compared to its average volume of 16,421. SEI Enhanced Low Volatility U.S. Large Cap ETF has a 12 month low of $30.92 and a 12 month high of $35.62. The stock’s 50-day simple moving average is $34.71 and its 200-day simple moving average is $33.46. The firm has a market cap of $178.81 million, a PE ratio of 19.12 and a beta of 0.68.

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.