Truist Financial Corp Has $9.29 Million Stock Holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM)

Truist Financial Corp lowered its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 2.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 279,808 shares of the company’s stock after selling 5,992 shares during the period. Truist Financial Corp owned 1.93% of SEI Enhanced U.S. Large Cap Momentum Factor ETF worth $9,290,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Lynx Investment Advisory bought a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF during the second quarter worth about $495,000. Petra Financial Advisors Inc. grew its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 67.9% during the 2nd quarter. Petra Financial Advisors Inc. now owns 30,881 shares of the company’s stock worth $1,025,000 after acquiring an additional 12,487 shares during the last quarter. Perigon Wealth Management LLC acquired a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 1st quarter valued at approximately $1,036,000. Csenge Advisory Group acquired a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 1st quarter valued at approximately $1,162,000. Finally, NewEdge Advisors LLC bought a new position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF during the second quarter valued at $1,326,000.

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

Shares of BATS:SEIM opened at $36.32 on Friday. The firm has a market capitalization of $526.69 million, a price-to-earnings ratio of 28.31 and a beta of 1.04. The business’s 50 day simple moving average is $34.13 and its two-hundred day simple moving average is $32.85.

About SEI Enhanced U.S. Large Cap Momentum Factor ETF

The SEI Large Cap Momentum Factor ETF (SEIM) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies, exhibiting strong momentum. Selection is based on a quantitative model and an optimization process. SEIM was launched on May 18, 2022 and is managed by SEI.