- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1 Freedom Valley Drive Oaks PA United States of America 19456
- IPO Date
- May 18, 2022
- Business
- SEI Enhanced Low Volatility U.S. Large Cap ETF (SELV) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in U.S. common stocks of large-capitalization companies, while aiming to deliver lower volatility relative to the broad U.S. large cap equity market. SEI Investments Management Corporation (SIMC), a wholly owned subsidiary of SEI Investments Company, serves as the investment adviser and employs a quantitative-based active stock selection process; this integrates a factor scoring model assessing Value, Momentum, Quality, and Low Volatility characteristics across the U.S. large cap universe, a risk model forecasting common factor and stock-specific risks, and an optimization engine balancing desired factor exposures against volatility reduction objectives and investment constraints. The fund holds approximately 80-81 securities, with top positions typically including Microsoft Corporation, Apple Inc., Walmart Inc., AT&T Inc., and Republic Services Inc., and maintains a net expense ratio of 0.15%, quarterly distributions, and assets under management around $160 million.
SEI Investments Company, founded in 1968 and headquartered in Oaks, Pennsylvania, provides technology-enabled solutions for asset management, investment processing, and operations serving financial institutions, advisors, and institutional investors globally across North America, Europe, Asia, and Africa. SELV, launched on May 18, 2022 and listed on the Cboe BZX Exchange, forms part of SEI's expanding suite of enhanced factor ETFs, which target institutional-quality strategies for individual investors.
In recent developments, SEI Investments expanded its active ETF offerings in October 2024 with the launch of three new equity ETFs—SEI Select Small Cap ETF (SEIS), SEI Select International Equity ETF (SEIE), and SEI Select Emerging Markets Equity ETF (SEEM)—utilizing an integrated management approach combining internal capabilities and sub-advisors to enhance diversification and reduce volatility across core asset classes. In 2025, SEI announced the conversion of its SEI DBi Multi-Strategy Alternative mutual fund to the SEI DBi Multi-Strategy Alternative ETF (QALT), with Dynamic Beta Investments as sub-adviser, signaling an aggressive push into ETF wrappers for alternative strategies amid growing demand for liquid, rules-based hedge fund replication. These initiatives complement SELV's established position within SEI's ETF platform, which continues to attract institutional inflows totaling $39.23 million over the past 12 months from investors including Wealth Enhancement Advisory Services and NewEdge Advisors.