SEI Enhanced Low Volatility U.S. Large Cap ETF $SELV Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lessened its stake in SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) by 4.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 81,397 shares of the company’s stock after selling 3,966 shares during the period. Envestnet Asset Management Inc. owned 1.58% of SEI Enhanced Low Volatility U.S. Large Cap ETF worth $2,550,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. WPG Advisers LLC acquired a new stake in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF in the 1st quarter worth approximately $38,000. Geneos Wealth Management Inc. lifted its position in SEI Enhanced Low Volatility U.S. Large Cap ETF by 19.5% in the first quarter. Geneos Wealth Management Inc. now owns 3,629 shares of the company’s stock worth $111,000 after purchasing an additional 591 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in SEI Enhanced Low Volatility U.S. Large Cap ETF by 22.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 39,270 shares of the company’s stock worth $1,235,000 after purchasing an additional 7,288 shares during the period.

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

Shares of BATS SELV opened at $31.78 on Monday. SEI Enhanced Low Volatility U.S. Large Cap ETF has a 1 year low of $27.42 and a 1 year high of $31.51. The firm has a market cap of $163.67 million, a P/E ratio of 19.12 and a beta of 0.68. The stock has a fifty day moving average price of $31.52 and a two-hundred day moving average price of $31.17.

SEI Enhanced Low Volatility U.S. Large Cap ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 6th. Investors of record on Friday, October 3rd were issued a dividend of $0.1297 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, October 3rd.

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