Global Retirement Partners LLC Makes New Investment in SEI Enhanced U.S. Large Cap Momentum Factor ETF $SEIM

Global Retirement Partners LLC bought a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 66,800 shares of the company’s stock, valued at approximately $3,081,000.

Several other large investors have also modified their holdings of the stock. Assetmark Inc. boosted its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 23.2% in the 3rd quarter. Assetmark Inc. now owns 1,507 shares of the company’s stock valued at $68,000 after buying an additional 284 shares in the last quarter. Stewardship Advisors LLC boosted its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 2.4% in the 4th quarter. Stewardship Advisors LLC now owns 20,958 shares of the company’s stock valued at $967,000 after buying an additional 500 shares in the last quarter. Binnacle Investments Inc boosted its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 8.2% in the 3rd quarter. Binnacle Investments Inc now owns 6,876 shares of the company’s stock valued at $312,000 after buying an additional 519 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.8% in the 2nd quarter. NewEdge Advisors LLC now owns 43,268 shares of the company’s stock valued at $1,824,000 after buying an additional 765 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 183.8% in the 4th quarter. Bank of America Corp DE now owns 1,260 shares of the company’s stock valued at $49,000 after buying an additional 816 shares in the last quarter.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Trading Up 0.1%

Shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF stock opened at $52.92 on Friday. The company has a fifty day simple moving average of $49.15 and a 200-day simple moving average of $47.55. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a 12-month low of $38.55 and a 12-month high of $53.25. The stock has a market cap of $821.85 million, a price-to-earnings ratio of 29.16 and a beta of 1.09.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Profile

The SEI Large Cap Momentum Factor ETF (SEIM) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies, exhibiting strong momentum. Selection is based on a quantitative model and an optimization process. SEIM was launched on May 18, 2022 and is managed by SEI.