SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Shares Shorted: Short Interest Down 70.6% in October

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 20,580 shares, a decrease of 70.6% from the October 15th total of 70,042 shares. Based on an average trading volume of 137,561 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On SEI Enhanced U.S. Large Cap Value Factor ETF

Several large investors have recently bought and sold shares of SEIV. StoneCrest Wealth Management Inc. bought a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the 2nd quarter valued at $9,646,000. Summit Wealth Group LLC Co. increased its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 6.1% during the 3rd quarter. Summit Wealth Group LLC Co. now owns 3,219,245 shares of the company’s stock worth $158,033,000 after purchasing an additional 186,092 shares during the period. Sei Investments Co. increased its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 1.2% during the 1st quarter. Sei Investments Co. now owns 14,939,112 shares of the company’s stock worth $620,870,000 after purchasing an additional 184,033 shares during the period. Fig Financial Advisory Services Inc. ADV acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the third quarter valued at about $3,003,000. Finally, Sonoma Allocations LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the first quarter valued at about $636,000.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Down 0.9%

Shares of SEI Enhanced U.S. Large Cap Value Factor ETF stock opened at $49.52 on Friday. The company’s fifty day simple moving average is $49.94 and its 200-day simple moving average is $46.91. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 12.80 and a beta of 0.98. SEI Enhanced U.S. Large Cap Value Factor ETF has a 1 year low of $38.51 and a 1 year high of $51.65.

About SEI Enhanced U.S. Large Cap Value Factor ETF

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.