SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Stock Price Down 0.2% – Here’s What Happened

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV)’s share price was down 0.2% on Thursday . The company traded as low as $33.06 and last traded at $33.12. Approximately 25,148 shares traded hands during trading, The stock had previously closed at $33.19.

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

The firm has a fifty day moving average of $34.07 and a 200-day moving average of $32.62. The stock has a market capitalization of $495.90 million, a price-to-earnings ratio of 10.93 and a beta of 0.87.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cambridge Investment Research Advisors Inc. raised its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 5.0% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 43,118 shares of the company’s stock valued at $1,343,000 after purchasing an additional 2,044 shares during the period. NewEdge Advisors LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 2nd quarter valued at approximately $1,293,000. Stewardship Advisors LLC bought a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the 3rd quarter valued at $389,000. Wealth Enhancement Advisory Services LLC increased its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF by 14.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 67,983 shares of the company’s stock valued at $2,240,000 after buying an additional 8,518 shares during the last quarter. Finally, Petra Financial Advisors Inc. grew its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 1.8% in the 3rd quarter. Petra Financial Advisors Inc. now owns 32,956 shares of the company’s stock worth $1,086,000 after acquiring an additional 568 shares in the last quarter.

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.