Geneos Wealth Management Inc. Invests $1.20 Million in SEI Enhanced Low Volatility U.S. Large Cap ETF $SELV

Geneos Wealth Management Inc. acquired a new position in SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) in the first quarter, Holdings Channel.com reports. The fund acquired 37,000 shares of the company’s stock, valued at approximately $1,197,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Global Retirement Partners LLC purchased a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter valued at about $140,000. Diversified Enterprises LLC purchased a new position in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF in the 4th quarter valued at approximately $208,000. Cetera Investment Advisers purchased a new position in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF in the 4th quarter valued at approximately $243,000. Principal Securities Inc. boosted its stake in SEI Enhanced Low Volatility U.S. Large Cap ETF by 8.2% in the 4th quarter. Principal Securities Inc. now owns 7,725 shares of the company’s stock worth $250,000 after purchasing an additional 587 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF in the 4th quarter worth approximately $265,000.

SEI Enhanced Low Volatility U.S. Large Cap ETF Trading Down 0.1%

BATS SELV opened at $33.59 on Friday. The company has a fifty day simple moving average of $32.86 and a two-hundred day simple moving average of $32.83. The stock has a market cap of $172.99 million, a P/E ratio of 19.12 and a beta of 0.68. SEI Enhanced Low Volatility U.S. Large Cap ETF has a 12-month low of $30.43 and a 12-month high of $33.99.

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.