SEI Enhanced U.S. Large Cap Quality Factor ETF $SEIQ Shares Purchased by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. increased its position in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) by 21.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,006,277 shares of the company’s stock after purchasing an additional 360,573 shares during the period. SEI Enhanced U.S. Large Cap Quality Factor ETF makes up approximately 5.2% of Summit Wealth Group LLC Co.’s holdings, making the stock its 4th biggest position. Summit Wealth Group LLC Co. owned 0.22% of SEI Enhanced U.S. Large Cap Quality Factor ETF worth $82,357,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Sei Investments Co. grew its position in SEI Enhanced U.S. Large Cap Quality Factor ETF by 8.1% during the 1st quarter. Sei Investments Co. now owns 8,212,136 shares of the company’s stock valued at $299,006,000 after purchasing an additional 613,643 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF by 1.2% in the second quarter. Envestnet Asset Management Inc. now owns 162,828 shares of the company’s stock worth $6,417,000 after buying an additional 1,986 shares during the last quarter. K2 Financial Inc. raised its holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF by 4.3% in the second quarter. K2 Financial Inc. now owns 66,846 shares of the company’s stock worth $2,693,000 after buying an additional 2,743 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 0.9% in the second quarter. NewEdge Advisors LLC now owns 31,197 shares of the company’s stock worth $1,229,000 after buying an additional 279 shares in the last quarter. Finally, WPG Advisers LLC lifted its stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 6.6% in the third quarter. WPG Advisers LLC now owns 17,606 shares of the company’s stock worth $723,000 after buying an additional 1,087 shares in the last quarter.

SEI Enhanced U.S. Large Cap Quality Factor ETF Stock Up 0.9%

BATS:SEIQ opened at $42.74 on Tuesday. The company’s 50 day moving average price is $41.94 and its 200-day moving average price is $39.86. SEI Enhanced U.S. Large Cap Quality Factor ETF has a 52 week low of $35.53 and a 52 week high of $43.26. The stock has a market cap of $384.66 million, a price-to-earnings ratio of 26.58 and a beta of 0.83.

About SEI Enhanced U.S. Large Cap Quality Factor ETF

The SEI Large Cap Quality Factor ETF (SEIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks it perceives as high quality, based on various quality, profitability, and risk factors. SEIQ was launched on May 18, 2022 and is managed by SEI.