SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Reaches New 1-Year High – What’s Next?

Shares of SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $49.77 and last traded at $49.73, with a volume of 107336 shares changing hands. The stock had previously closed at $49.20.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Down 0.2%

The firm has a 50 day moving average price of $48.32 and a 200-day moving average price of $44.93. The firm has a market cap of $884.80 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 hedge funds have recently added to or reduced their stakes in the company. StoneCrest Wealth Management Inc. acquired a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the 2nd quarter worth approximately $9,646,000. Sonoma Allocations LLC acquired a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 1st quarter valued at $636,000. Royal Bank of Canada lifted 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 last quarter. Sei Investments Co. lifted 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 last quarter. Finally, Cetera Investment Advisers lifted 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 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.