Stratos Wealth Partners LTD. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 28,470 shares of the company’s stock, valued at approximately $1,099,000.
Several other institutional investors have also added to or reduced their stakes in the company. Petra Financial Advisors Inc. increased its position in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.4% during the 3rd quarter. Petra Financial Advisors Inc. now owns 31,318 shares of the company’s stock valued at $1,131,000 after purchasing an additional 437 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 12.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 64,086 shares of the company’s stock valued at $2,315,000 after buying an additional 7,098 shares during the period. Geneos Wealth Management Inc. bought a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the fourth quarter worth about $1,136,000. Lynx Investment Advisory lifted its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 4.3% in the third quarter. Lynx Investment Advisory now owns 15,547 shares of the company’s stock worth $562,000 after buying an additional 645 shares during the period. Finally, Stewardship Advisors LLC bought a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 3rd quarter valued at approximately $396,000.
SEI Enhanced U.S. Large Cap Momentum Factor ETF Price Performance
Shares of BATS:SEIM opened at $40.44 on Monday. The company has a market cap of $586.38 million, a price-to-earnings ratio of 28.31 and a beta of 1.04. The stock has a 50-day moving average price of $39.88 and a 200 day moving average price of $37.22.
SEI Enhanced U.S. Large Cap Momentum Factor ETF Profile
The SEI Large Cap Momentum Factor ETF (SEIM) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies, exhibiting strong momentum. Selection is based on a quantitative model and an optimization process. SEIM was launched on May 18, 2022 and is managed by SEI.
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