7,692 Shares in SEI Enhanced U.S. Large Cap Value Factor ETF $SEIV Purchased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC acquired a new position in SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 7,692 shares of the company’s stock, valued at approximately $275,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE boosted its position in shares of 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 buying an additional 936 shares in the last quarter. WPG Advisers LLC purchased a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 1st quarter worth about $154,000. Accurate Wealth Management LLC purchased a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 2nd quarter worth about $220,000. LexAurum Advisors LLC acquired a new position in SEI Enhanced U.S. Large Cap Value Factor ETF in the 2nd quarter valued at about $219,000. Finally, Calton & Associates Inc. acquired a new position in SEI Enhanced U.S. Large Cap Value Factor ETF in the 1st quarter valued at about $359,000.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 18.1%

Shares of SEIV stock opened at $38.52 on Monday. The firm has a 50-day moving average price of $38.22 and a 200 day moving average price of $35.42. SEI Enhanced U.S. Large Cap Value Factor ETF has a twelve month low of $27.84 and a twelve month high of $37.60. The company has a market capitalization of $674.10 million, a price-to-earnings ratio of 13.06 and a beta of 1.03.

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

The company also recently announced a quarterly dividend, which was paid on Monday, October 6th. Investors of record on Friday, October 3rd were paid a $0.1348 dividend. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $0.54 annualized dividend and a yield of 1.4%.

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.