SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Sets New 1-Year High – What’s Next?

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV)’s stock price hit a new 52-week high on Monday . The stock traded as high as $49.77 and last traded at $49.73, with a volume of 107336 shares. The stock had previously closed at $49.20.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 1.1%

The firm’s fifty day moving average price is $48.20 and its 200-day moving average price is $44.81. The firm has a market cap of $870.27 million, a price-to-earnings ratio of 13.06 and a beta of 1.03.

Institutional Trading of SEI Enhanced U.S. Large Cap Value Factor ETF

Several institutional investors and hedge funds have recently made changes to their positions in SEIV. Independent Wealth Network Inc. raised its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 5.0% during the 1st quarter. Independent Wealth Network Inc. now owns 5,727 shares of the company’s stock valued at $238,000 after acquiring an additional 275 shares during the last quarter. K2 Financial Inc. grew its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 0.3% in the 1st quarter. K2 Financial Inc. now owns 116,567 shares of the company’s stock valued at $5,129,000 after buying an additional 389 shares during the last quarter. Royal Bank of Canada grew its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 4.3% in the 1st quarter. Royal Bank of Canada now owns 10,086 shares of the company’s stock valued at $419,000 after buying an additional 412 shares during the last quarter. Petra Financial Advisors Inc. increased its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 1.7% in the 4th quarter. Petra Financial Advisors Inc. now owns 36,063 shares of the company’s stock valued at $1,497,000 after buying an additional 608 shares during the period. Finally, Binnacle Investments Inc raised its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 9.2% during the 3rd quarter. Binnacle Investments Inc now owns 7,989 shares of the company’s stock worth $311,000 after buying an additional 673 shares during the last quarter.

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.