Stark Wealth Management LLC Purchases New Shares in SEI Enhanced U.S. Large Cap Value Factor ETF $SEIV

Stark Wealth Management LLC acquired a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 59,765 shares of the company’s stock, valued at approximately $2,480,000. SEI Enhanced U.S. Large Cap Value Factor ETF makes up 8.8% of Stark Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Stark Wealth Management LLC owned about 0.34% of SEI Enhanced U.S. Large Cap Value Factor ETF as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE grew its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% in the 4th quarter. Bank of America Corp DE now owns 1,410 shares of the company’s stock worth $47,000 after purchasing an additional 936 shares in the last quarter. Royal Bank of Canada lifted its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 149.3% during the 1st quarter. Royal Bank of Canada now owns 16,499 shares of the company’s stock worth $536,000 after buying an additional 9,882 shares in the last quarter. Cetera Investment Advisers bought a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 2nd quarter worth approximately $219,000. NewEdge Advisors LLC boosted its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 2.1% in the 2nd quarter. NewEdge Advisors LLC now owns 49,759 shares of the company’s stock worth $1,776,000 after buying an additional 1,031 shares during the last quarter. Finally, Binnacle Investments Inc boosted its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 63.6% in the 2nd quarter. Binnacle Investments Inc now owns 7,316 shares of the company’s stock worth $261,000 after buying an additional 2,845 shares during the last quarter.

SEI Enhanced U.S. Large Cap Value Factor ETF Stock Up 0.4%

SEIV stock opened at $48.68 on Tuesday. The firm has a market cap of $851.90 million, a PE ratio of 13.06 and a beta of 1.03. The business has a 50 day moving average of $45.49 and a 200-day moving average of $43.18. SEI Enhanced U.S. Large Cap Value Factor ETF has a 12-month low of $34.24 and a 12-month high of $49.49.

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