SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Sets New 1-Year High – Here’s Why

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $51.66 and last traded at $51.60, with a volume of 245964 shares changing hands. The stock had previously closed at $50.80.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 1.3%

The firm’s 50-day simple moving average is $49.42 and its 200 day simple moving average is $46.17. The stock has a market cap of $900.55 million, a P/E ratio of 13.06 and a beta of 1.03.

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

Hedge funds have recently added to or reduced their stakes in the business. Independent Wealth Network Inc. lifted its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF by 5.0% in the first quarter. Independent Wealth Network Inc. now owns 5,727 shares of the company’s stock worth $238,000 after purchasing an additional 275 shares during the period. K2 Financial Inc. increased its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 0.3% in the first quarter. K2 Financial Inc. now owns 116,567 shares of the company’s stock worth $5,129,000 after acquiring an additional 389 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 4.3% in the first 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 in the last quarter. Binnacle Investments Inc boosted its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 9.2% during the 3rd quarter. Binnacle Investments Inc now owns 7,989 shares of the company’s stock worth $311,000 after acquiring an additional 673 shares during the period. Finally, Stewardship Advisors LLC grew its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 3.2% during the 1st quarter. Stewardship Advisors LLC now owns 24,657 shares of the company’s stock valued at $1,025,000 after acquiring an additional 775 shares in the last quarter.

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.