SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) Shares Sold by Lynx Investment Advisory

Lynx Investment Advisory lowered its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,329 shares of the company’s stock after selling 1,218 shares during the quarter. Lynx Investment Advisory’s holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF were worth $553,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Geneos Wealth Management Inc. purchased a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter worth approximately $1,136,000. Stewardship Advisors LLC lifted its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 11.4% in the fourth quarter. Stewardship Advisors LLC now owns 12,207 shares of the company’s stock valued at $471,000 after buying an additional 1,245 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter valued at about $1,099,000. Principal Securities Inc. boosted its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 11.9% during the fourth quarter. Principal Securities Inc. now owns 10,394 shares of the company’s stock worth $401,000 after buying an additional 1,105 shares during the period. Finally, Atria Wealth Solutions Inc. bought a new position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the fourth quarter worth $2,510,000.

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

Shares of SEIM stock opened at $36.65 on Monday. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a 1 year low of $29.64 and a 1 year high of $41.37. The business’s fifty day moving average is $39.04 and its 200-day moving average is $38.28. The stock has a market cap of $511.20 million, a PE ratio of 24.27 and a beta of 1.06.

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.