Exencial Wealth Advisors LLC Cuts Stake in SEI Enhanced U.S. Large Cap Quality Factor ETF $SEIQ

Exencial Wealth Advisors LLC reduced its position in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) by 5.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,806 shares of the company’s stock after selling 1,375 shares during the quarter. Exencial Wealth Advisors LLC owned 0.24% of SEI Enhanced U.S. Large Cap Quality Factor ETF worth $811,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Calton & Associates Inc. purchased a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF during the 1st quarter valued at about $272,000. Diversified Enterprises LLC boosted its stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 16.2% during the second quarter. Diversified Enterprises LLC now owns 10,883 shares of the company’s stock valued at $405,000 after purchasing an additional 1,520 shares in the last quarter. Perigon Wealth Management LLC increased its holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF by 2.1% during the second quarter. Perigon Wealth Management LLC now owns 13,623 shares of the company’s stock valued at $507,000 after buying an additional 280 shares during the period. WPG Advisers LLC bought a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF in the first quarter worth approximately $585,000. Finally, Marks Group Wealth Management Inc purchased a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF during the first quarter worth $706,000.

SEI Enhanced U.S. Large Cap Quality Factor ETF Trading Up 0.5%

Shares of BATS SEIQ opened at $38.56 on Friday. SEI Enhanced U.S. Large Cap Quality Factor ETF has a 12-month low of $30.97 and a 12-month high of $37.65. The stock’s fifty day simple moving average is $38.25 and its two-hundred day simple moving average is $36.81. The stock has a market capitalization of $347.00 million, a PE ratio of 26.58 and a beta of 0.83.

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

The business also recently announced a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Friday, October 3rd were paid a $0.0708 dividend. This represents a $0.28 annualized dividend and a yield of 0.7%. The ex-dividend date was Friday, October 3rd.

SEI Enhanced U.S. Large Cap Quality Factor ETF Profile

The SEI Large Cap Quality Factor ETF (SEIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks it perceives as high quality, based on various quality, profitability, and risk factors. SEIQ was launched on May 18, 2022 and is managed by SEI.