SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Stock Falls 0.5% – Here’s What Happened

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) traded down 0.5% during mid-day trading on Monday. The company traded as low as $49.51 and last traded at $49.54. Approximately 161,870 shares traded hands during mid-day trading, an increase of 42% from the average daily volume of 114,349 shares. The stock had previously closed at $49.79.

SEI Enhanced U.S. Large Cap Value Factor ETF Stock Up 1.4%

The business has a 50-day moving average price of $50.12 and a 200-day moving average price of $46.68. The company has a market capitalization of $876.58 million, a price-to-earnings ratio of 13.06 and a beta of 1.03.

Hedge Funds Weigh In On SEI Enhanced U.S. Large Cap Value Factor ETF

A number of institutional investors have recently bought and sold shares of SEIV. Farther Finance Advisors LLC purchased a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the third quarter worth approximately $34,000. Compass Financial Management LLC lifted its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 200.4% in the 3rd quarter. Compass Financial Management LLC now owns 751 shares of the company’s stock valued at $37,000 after acquiring an additional 501 shares in the last quarter. Continuum Advisory LLC purchased a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 2nd quarter valued at approximately $129,000. Whipplewood Advisors LLC boosted its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 372.0% in the 1st quarter. Whipplewood Advisors LLC now owns 3,601 shares of the company’s stock worth $150,000 after purchasing an additional 2,838 shares during the period. Finally, Aire Advisors LLC acquired a new position in SEI Enhanced U.S. Large Cap Value Factor ETF in the 1st quarter worth approximately $200,000.

SEI Enhanced U.S. Large Cap Value Factor ETF Company Profile

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.