SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Shares Sold by Truist Financial Corp

Truist Financial Corp trimmed its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) by 2.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 296,646 shares of the company’s stock after selling 7,123 shares during the quarter. Truist Financial Corp owned 1.98% of SEI Enhanced U.S. Large Cap Value Factor ETF worth $9,241,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 3.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 59,465 shares of the company’s stock worth $1,852,000 after buying an additional 1,994 shares during the period. Csenge Advisory Group acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 1st quarter worth approximately $1,180,000. Cambridge Investment Research Advisors Inc. boosted its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 5.0% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 43,118 shares of the company’s stock worth $1,343,000 after purchasing an additional 2,044 shares during the period. NewEdge Advisors LLC acquired a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the 2nd quarter valued at approximately $1,293,000. Finally, Petra Financial Advisors Inc. raised its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 69.8% in the second quarter. Petra Financial Advisors Inc. now owns 32,388 shares of the company’s stock valued at $1,009,000 after purchasing an additional 13,311 shares during the period.

SEI Enhanced U.S. Large Cap Value Factor ETF Stock Up 1.1 %

BATS:SEIV opened at $32.74 on Friday. The stock’s 50 day moving average price is $31.72 and its two-hundred day moving average price is $31.07. The firm has a market capitalization of $491.10 million, a PE ratio of 10.93 and a beta of 0.87.

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

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.