Resolute Capital LLC Invests $1.12 Million in Virtus Seix Senior Loan ETF $SEIX

Resolute Capital LLC bought a new position in shares of Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 47,975 shares of the company’s stock, valued at approximately $1,120,000. Virtus Seix Senior Loan ETF comprises about 0.5% of Resolute Capital LLC’s portfolio, making the stock its 25th largest holding.

A number of other hedge funds have also modified their holdings of the business. Foundations Investment Advisors LLC grew its position in shares of Virtus Seix Senior Loan ETF by 13.4% during the fourth quarter. Foundations Investment Advisors LLC now owns 249,224 shares of the company’s stock worth $5,818,000 after acquiring an additional 29,517 shares during the last quarter. Summit Asset Management LLC grew its position in shares of Virtus Seix Senior Loan ETF by 116.2% during the fourth quarter. Summit Asset Management LLC now owns 41,627 shares of the company’s stock worth $972,000 after acquiring an additional 22,376 shares during the last quarter. Prospera Financial Services Inc grew its position in shares of Virtus Seix Senior Loan ETF by 5.9% during the fourth quarter. Prospera Financial Services Inc now owns 14,777 shares of the company’s stock worth $345,000 after acquiring an additional 829 shares during the last quarter. Ignite Planners LLC grew its position in shares of Virtus Seix Senior Loan ETF by 2.2% during the fourth quarter. Ignite Planners LLC now owns 340,601 shares of the company’s stock worth $7,914,000 after acquiring an additional 7,475 shares during the last quarter. Finally, Atria Investments Inc grew its position in shares of Virtus Seix Senior Loan ETF by 9.6% during the fourth quarter. Atria Investments Inc now owns 222,318 shares of the company’s stock worth $5,190,000 after acquiring an additional 19,564 shares during the last quarter.

Virtus Seix Senior Loan ETF Stock Performance

Shares of SEIX opened at $23.21 on Monday. The company’s 50 day simple moving average is $23.18 and its 200-day simple moving average is $23.26. Virtus Seix Senior Loan ETF has a 12-month low of $22.91 and a 12-month high of $23.76.

About Virtus Seix Senior Loan ETF

The Virtus Seix Senior Loan ETF (SEIX) is an exchange-traded fund that is based on the Credit Suisse Leveraged Loan index. The fund provides actively-managed exposure to noninvestment-grade, floating-rate loans made by banks to US corporations. SEIX was launched on Apr 24, 2019 and is managed by Virtus.