SEI Enhanced U.S. Large Cap Momentum Factor ETF $SEIM Shares Bought by Independent Wealth Network Inc.

Independent Wealth Network Inc. raised its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 316.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,226 shares of the company’s stock after purchasing an additional 15,369 shares during the quarter. Independent Wealth Network Inc. owned about 0.13% of SEI Enhanced U.S. Large Cap Momentum Factor ETF worth $921,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. LPL Financial LLC grew its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 2.3% during the fourth quarter. LPL Financial LLC now owns 17,407 shares of the company’s stock worth $803,000 after buying an additional 388 shares during the last quarter. Stewardship Advisors LLC raised its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 2.4% during the 4th quarter. Stewardship Advisors LLC now owns 20,958 shares of the company’s stock valued at $967,000 after acquiring an additional 500 shares during the last quarter. Binnacle Investments Inc raised its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 8.2% during the 3rd quarter. Binnacle Investments Inc now owns 6,876 shares of the company’s stock valued at $312,000 after acquiring an additional 519 shares during the last quarter. NewEdge Advisors LLC raised its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.8% during the 2nd quarter. NewEdge Advisors LLC now owns 43,268 shares of the company’s stock valued at $1,824,000 after acquiring an additional 765 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 183.8% during the 4th quarter. Bank of America Corp DE now owns 1,260 shares of the company’s stock worth $49,000 after acquiring an additional 816 shares during the period.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Trading Up 1.5%

SEI Enhanced U.S. Large Cap Momentum Factor ETF stock opened at $55.27 on Friday. The stock has a 50 day moving average of $52.78 and a two-hundred day moving average of $49.10. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a twelve month low of $40.90 and a twelve month high of $55.73. The stock has a market capitalization of $858.34 million, a price-to-earnings 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.