Principal Securities Inc. Grows Position in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ)

Principal Securities Inc. grew its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) by 16.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,263 shares of the company’s stock after acquiring an additional 756 shares during the quarter. Principal Securities Inc. owned 0.07% of SEI Enhanced U.S. Large Cap Quality Factor ETF worth $184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Stratos Wealth Partners LTD. bought a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the fourth quarter valued at about $548,000. Stewardship Advisors LLC bought a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the 4th quarter worth approximately $237,000. Geneos Wealth Management Inc. purchased a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the 4th quarter worth approximately $558,000. Lynx Investment Advisory boosted its stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 5.5% in the 3rd quarter. Lynx Investment Advisory now owns 7,631 shares of the company’s stock worth $266,000 after buying an additional 397 shares during the last quarter. Finally, Petra Financial Advisors Inc. grew its holdings in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 2.5% in the third quarter. Petra Financial Advisors Inc. now owns 15,452 shares of the company’s stock valued at $539,000 after acquiring an additional 378 shares in the last quarter.

SEI Enhanced U.S. Large Cap Quality Factor ETF Stock Up 4.9 %

Shares of SEI Enhanced U.S. Large Cap Quality Factor ETF stock opened at $36.06 on Tuesday. The stock’s 50 day simple moving average is $35.50 and its two-hundred day simple moving average is $35.14. The company has a market capitalization of $281.30 million, a price-to-earnings ratio of 29.07 and a beta of 0.87.

SEI Enhanced U.S. Large Cap Quality Factor ETF Profile

The SEI Large Cap Quality Factor ETF (SEIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks it perceives as high quality, based on various quality, profitability, and risk factors. SEIQ was launched on May 18, 2022 and is managed by SEI.