Sei Investments Co. Sells 1,352,771 Shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM)

Sei Investments Co. cut its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 11.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,890,752 shares of the company’s stock after selling 1,352,771 shares during the quarter. SEI Enhanced U.S. Large Cap Momentum Factor ETF accounts for about 0.5% of Sei Investments Co.’s portfolio, making the stock its 26th largest position. Sei Investments Co. owned about 75.11% of SEI Enhanced U.S. Large Cap Momentum Factor ETF worth $420,492,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Whipplewood Advisors LLC bought a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter worth approximately $270,000. Principal Securities Inc. grew its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 11.9% during the 4th quarter. Principal Securities Inc. now owns 10,394 shares of the company’s stock worth $401,000 after acquiring an additional 1,105 shares during the last quarter. Stewardship Advisors LLC grew its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 11.4% during the 4th quarter. Stewardship Advisors LLC now owns 12,207 shares of the company’s stock worth $471,000 after acquiring an additional 1,245 shares during the last quarter. Private Advisor Group LLC grew its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 78.7% during the 4th quarter. Private Advisor Group LLC now owns 18,828 shares of the company’s stock worth $727,000 after acquiring an additional 8,291 shares during the last quarter. Finally, Stratos Wealth Partners LTD. bought a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter worth approximately $1,099,000.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Price Performance

SEIM opened at $36.65 on Friday. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a fifty-two week low of $29.64 and a fifty-two week high of $41.37. The firm has a market capitalization of $511.20 million, a price-to-earnings ratio of 24.27 and a beta of 1.06. The company’s 50 day moving average price is $39.04 and its two-hundred day moving average price is $38.22.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Company 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.