SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Sets New 52-Week High – Time to Buy?

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $46.80 and last traded at $46.75, with a volume of 14413 shares trading hands. The stock had previously closed at $46.08.

SEI Enhanced U.S. Large Cap Value Factor ETF Stock Up 1.7%

The company has a 50 day simple moving average of $43.35 and a 200-day simple moving average of $42.21. The stock has a market cap of $819.88 million, a price-to-earnings ratio of 13.06 and a beta of 1.03.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Sonoma Allocations LLC acquired a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 1st quarter worth approximately $636,000. Royal Bank of Canada raised its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 4.3% during the 1st quarter. Royal Bank of Canada now owns 10,086 shares of the company’s stock worth $419,000 after purchasing an additional 412 shares during the period. Sei Investments Co. raised its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 1.2% during the 1st quarter. Sei Investments Co. now owns 14,939,112 shares of the company’s stock worth $620,870,000 after purchasing an additional 184,033 shares during the period. Cetera Investment Advisers raised its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 42.5% during the 1st quarter. Cetera Investment Advisers now owns 7,828 shares of the company’s stock worth $325,000 after purchasing an additional 2,336 shares during the period. Finally, Aire Advisors LLC acquired a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 1st quarter worth approximately $200,000.

SEI Enhanced U.S. Large Cap Value Factor ETF Company Profile

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.