Sei Investments Co. Boosts Stock Position in SEI Enhanced U.S. Large Cap Momentum Factor ETF $SEIM

Sei Investments Co. lifted its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 2.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,469,751 shares of the company’s stock after purchasing an additional 329,618 shares during the quarter. SEI Enhanced U.S. Large Cap Momentum Factor ETF comprises about 0.6% of Sei Investments Co.’s holdings, making the stock its 24th largest holding. Sei Investments Co. owned 86.73% of SEI Enhanced U.S. Large Cap Momentum Factor ETF worth $613,549,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 6.3% in the 1st quarter. Cetera Investment Advisers now owns 20,243 shares of the company’s stock valued at $922,000 after buying an additional 1,206 shares in the last quarter. Whipplewood Advisors LLC increased its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 556.0% in the 1st quarter. Whipplewood Advisors LLC now owns 3,070 shares of the company’s stock worth $140,000 after acquiring an additional 2,602 shares during the last quarter. K2 Financial Inc. increased its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.8% in the 1st quarter. K2 Financial Inc. now owns 104,952 shares of the company’s stock worth $4,781,000 after acquiring an additional 1,853 shares during the last quarter. Independent Wealth Network Inc. raised its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 316.4% during the 1st quarter. Independent Wealth Network Inc. now owns 20,226 shares of the company’s stock worth $921,000 after acquiring an additional 15,369 shares during the period. Finally, Stewardship Advisors LLC raised its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 4.9% during the 1st quarter. Stewardship Advisors LLC now owns 21,986 shares of the company’s stock worth $1,001,000 after acquiring an additional 1,028 shares during the period.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Trading Down 0.0%

Shares of SEIM stock opened at $53.62 on Thursday. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a twelve month low of $40.90 and a twelve month high of $56.23. The company’s 50-day moving average price is $53.95 and its 200-day moving average price is $50.16. The stock has a market cap of $832.72 million, a price-to-earnings ratio of 29.16 and a beta of 1.09.

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

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.