SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Hits New 12-Month High – Here’s Why

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $49.57 and last traded at $49.57, with a volume of 41246 shares traded. The stock had previously closed at $48.98.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 1.1%

The stock has a market cap of $866.60 million, a P/E ratio of 13.06 and a beta of 1.03. The business has a 50-day simple moving average of $47.94 and a 200 day simple moving average of $44.60.

Institutional Trading of SEI Enhanced U.S. Large Cap Value Factor ETF

Institutional investors have recently added to or reduced their stakes in the stock. StoneCrest Wealth Management Inc. bought a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the 2nd quarter worth approximately $9,646,000. Sonoma Allocations LLC bought a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 1st quarter valued at $636,000. Royal Bank of Canada boosted its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 4.3% in the 1st quarter. Royal Bank of Canada now owns 10,086 shares of the company’s stock valued at $419,000 after purchasing an additional 412 shares during the last quarter. Sei Investments Co. increased its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 1.2% during the first quarter. Sei Investments Co. now owns 14,939,112 shares of the company’s stock worth $620,870,000 after buying an additional 184,033 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 42.5% during the first quarter. Cetera Investment Advisers now owns 7,828 shares of the company’s stock worth $325,000 after buying an additional 2,336 shares during the period.

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

The SEI Large Cap Value Factor ETF (SEIV) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks that are perceived to be at a discount relative to their fair valuation. SEIV was launched on May 18, 2022 and is managed by SEI.