SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Hits New 12-Month High – Still a Buy?

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIVGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $51.21 and last traded at $51.07, with a volume of 1472 shares traded. The stock had previously closed at $50.70.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 0.7%

The business has a 50-day moving average of $48.57 and a 200 day moving average of $45.30. The firm has a market capitalization of $893.20 million, a PE ratio of 13.06 and a beta of 1.03.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sei Investments Co. lifted 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 valued at $620,870,000 after purchasing an additional 184,033 shares in the last quarter. Summit Wealth Group LLC Co. bought a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the 4th quarter worth about $91,430,000. Osaic Holdings Inc. grew its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 826.7% in the 4th quarter. Osaic Holdings Inc. now owns 552,736 shares of the company’s stock worth $22,939,000 after purchasing an additional 493,089 shares in the last quarter. StoneCrest Wealth Management Inc. purchased a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the 2nd quarter valued at about $9,646,000. Finally, FSA Advisors Inc. purchased a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the 4th quarter valued at about $4,893,000.

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

(Get Free Report)

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.

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