Diversified Enterprises LLC Buys 20,090 Shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF $SEIM

Diversified Enterprises LLC boosted its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 90.9% in the 4th quarter, Holdings Channel reports. The firm owned 42,188 shares of the company’s stock after acquiring an additional 20,090 shares during the quarter. Diversified Enterprises LLC’s holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF were worth $1,946,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SEIM. Morton Brown Family Wealth LLC bought a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter worth about $44,000. Bank of America Corp DE boosted its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 183.8% in the 4th quarter. Bank of America Corp DE now owns 1,260 shares of the company’s stock worth $49,000 after purchasing an additional 816 shares during the period. Assetmark Inc. boosted its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 23.2% in the 3rd quarter. Assetmark Inc. now owns 1,507 shares of the company’s stock worth $68,000 after purchasing an additional 284 shares during the period. Turning Point Benefit Group Inc. bought a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 3rd quarter worth about $87,000. Finally, Larson Financial Group LLC bought a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 3rd quarter worth about $102,000.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Stock Down 0.5%

Shares of BATS SEIM opened at $50.43 on Friday. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a 52 week low of $34.87 and a 52 week high of $51.05. The business has a 50-day simple moving average of $47.61 and a two-hundred day simple moving average of $46.70. The company has a market cap of $783.18 million, a P/E ratio of 29.16 and a beta of 1.09.

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

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.