SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Sees Significant Drop in Short Interest

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 3,724 shares, a decrease of 70.7% from the April 30th total of 12,723 shares. Based on an average daily volume of 70,746 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Stewardship Advisors LLC raised its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 1.1% in the 4th quarter. Stewardship Advisors LLC now owns 23,882 shares of the company’s stock worth $991,000 after acquiring an additional 258 shares in the last quarter. Independent Wealth Network Inc. raised its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 5.0% in the 1st quarter. Independent Wealth Network Inc. now owns 5,727 shares of the company’s stock worth $238,000 after acquiring an additional 275 shares in the last quarter. Assetmark Inc. raised its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 46.9% in the 3rd quarter. Assetmark Inc. now owns 1,009 shares of the company’s stock worth $39,000 after acquiring an additional 322 shares in the last quarter. K2 Financial Inc. raised its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 0.3% in the 1st quarter. K2 Financial Inc. now owns 116,567 shares of the company’s stock worth $5,129,000 after acquiring an additional 389 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 4.3% in the 1st quarter. Royal Bank of Canada now owns 10,086 shares of the company’s stock worth $419,000 after acquiring an additional 412 shares in the last quarter.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 1.8%

Shares of BATS SEIV opened at $48.51 on Friday. SEI Enhanced U.S. Large Cap Value Factor ETF has a 12 month low of $33.68 and a 12 month high of $48.73. The firm has a market capitalization of $848.93 million, a PE ratio of 13.06 and a beta of 1.03. The firm has a fifty day simple moving average of $43.96 and a two-hundred day simple moving average of $42.49.

SEI Enhanced U.S. Large Cap Value Factor ETF Company Profile

The SEI Large Cap Value Factor ETF (SEIV) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks that are perceived to be at a discount relative to their fair valuation. SEIV was launched on May 18, 2022 and is managed by SEI.