Ameritas Advisory Services LLC Buys Shares of 44,963 SEI Enhanced U.S. Large Cap Momentum Factor ETF $SEIM

Ameritas Advisory Services LLC purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) in the fourth quarter, HoldingsChannel reports. The firm purchased 44,963 shares of the company’s stock, valued at approximately $2,074,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Sei Investments Co. boosted its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 22.5% during the third quarter. Sei Investments Co. now owns 13,151,647 shares of the company’s stock worth $597,089,000 after buying an additional 2,415,116 shares during the period. Yeomans Consulting Group Inc. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter valued at $16,950,000. Envestnet Asset Management Inc. lifted its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 15.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 268,953 shares of the company’s stock worth $12,210,000 after acquiring an additional 36,097 shares in the last quarter. Truist Financial Corp lifted its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 15.3% during the 3rd quarter. Truist Financial Corp now owns 254,388 shares of the company’s stock worth $11,549,000 after acquiring an additional 33,696 shares in the last quarter. Finally, FSA Advisors Inc. purchased a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter valued at about $5,296,000.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Price Performance

BATS SEIM opened at $52.68 on Thursday. The company has a market cap of $818.12 million, a P/E ratio of 29.16 and a beta of 1.09. The stock has a 50-day moving average of $48.44 and a two-hundred day moving average of $47.27. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a 1-year low of $38.55 and a 1-year high of $52.88.

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