SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) Sees Significant Decrease in Short Interest

SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 738 shares, a decrease of 97.2% from the April 15th total of 26,496 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 57,907 shares, the days-to-cover ratio is currently 0.0 days.

SEI Enhanced U.S. Large Cap Quality Factor ETF Stock Down 0.5%

Shares of BATS SEIQ traded down $0.19 during trading hours on Monday, reaching $39.00. 19,908 shares of the stock traded hands, compared to its average volume of 49,591. The company’s 50-day simple moving average is $37.72 and its two-hundred day simple moving average is $38.33. The company has a market capitalization of $351 million, a P/E ratio of 26.58 and a beta of 0.83. SEI Enhanced U.S. Large Cap Quality Factor ETF has a 52-week low of $35.53 and a 52-week high of $41.13.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Turning Point Benefit Group Inc. bought a new stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the 3rd quarter worth approximately $39,000. Larson Financial Group LLC bought a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the 3rd quarter valued at $48,000. Whipplewood Advisors LLC grew its holdings in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 120.7% during the 1st quarter. Whipplewood Advisors LLC now owns 2,911 shares of the company’s stock valued at $106,000 after purchasing an additional 1,592 shares during the last quarter. Binnacle Investments Inc raised its position in SEI Enhanced U.S. Large Cap Quality Factor ETF by 60.1% in the 2nd quarter. Binnacle Investments Inc now owns 3,403 shares of the company’s stock worth $127,000 after purchasing an additional 1,277 shares during the period. Finally, Concurrent Investment Advisors LLC purchased a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF in the 3rd quarter worth $238,000.

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

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.