StoneCrest Wealth Management Inc. Purchases New Shares in SEI Enhanced U.S. Large Cap Value Factor ETF $SEIV

StoneCrest Wealth Management Inc. acquired a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 200,953 shares of the company’s stock, valued at approximately $9,646,000. SEI Enhanced U.S. Large Cap Value Factor ETF comprises approximately 3.1% of StoneCrest Wealth Management Inc.’s investment portfolio, making the stock its 10th biggest holding. StoneCrest Wealth Management Inc. owned approximately 1.15% of SEI Enhanced U.S. Large Cap Value Factor ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Morton Brown Family Wealth LLC bought a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the fourth quarter worth $46,000. Kestra Advisory Services LLC bought a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the fourth quarter valued at about $50,000. Bank of America Corp DE lifted its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% during the 4th quarter. Bank of America Corp DE now owns 1,410 shares of the company’s stock worth $47,000 after buying an additional 936 shares in the last quarter. Turning Point Benefit Group Inc. bought a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF during the 3rd quarter worth about $84,000. Finally, Larson Financial Group LLC acquired a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the 3rd quarter valued at about $100,000.

SEI Enhanced U.S. Large Cap Value Factor ETF Stock Performance

Shares of BATS SEIV opened at $50.61 on Monday. SEI Enhanced U.S. Large Cap Value Factor ETF has a 1-year low of $36.18 and a 1-year high of $50.82. The company has a 50-day moving average of $48.47 and a two-hundred day moving average of $45.11. The company has a market cap of $885.67 million, a PE ratio of 13.06 and a beta of 1.03.

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