K2 Financial Inc. Invests $657,000 in SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV)

K2 Financial Inc. acquired a new position in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 22,844 shares of the company’s stock, valued at approximately $657,000.

Other institutional investors have also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc lifted its position in SEI Enhanced Low Volatility U.S. Large Cap ETF by 647.6% in the fourth quarter. AdvisorNet Financial Inc now owns 1,099 shares of the company’s stock worth $32,000 after purchasing an additional 952 shares during the period. Geneos Wealth Management Inc. acquired a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter worth approximately $89,000. Principal Securities Inc. lifted its position in SEI Enhanced Low Volatility U.S. Large Cap ETF by 34.9% in the fourth quarter. Principal Securities Inc. now owns 4,951 shares of the company’s stock worth $144,000 after purchasing an additional 1,281 shares during the period. Stratos Wealth Partners LTD. acquired a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter worth approximately $266,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter worth approximately $492,000.

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

SELV opened at $30.32 on Friday. The company has a market capitalization of $144.02 million, a price-to-earnings ratio of 21.08 and a beta of 0.76. SEI Enhanced Low Volatility U.S. Large Cap ETF has a 1-year low of $26.34 and a 1-year high of $30.93. The business has a 50 day moving average price of $29.78 and a two-hundred day moving average price of $29.67.

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.