SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Sets New 1-Year High – Here’s Why

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV)’s share price hit a new 52-week high on Thursday . The stock traded as high as $46.19 and last traded at $46.09, with a volume of 25405 shares. The stock had previously closed at $45.84.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Down 1.3%

The firm has a market capitalization of $795.20 million, a price-to-earnings ratio of 13.06 and a beta of 1.03. The company has a fifty day moving average price of $42.97 and a two-hundred day moving average price of $41.99.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Assetmark Inc. boosted its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 46.9% during the 3rd quarter. Assetmark Inc. now owns 1,009 shares of the company’s stock worth $39,000 after purchasing an additional 322 shares during the last quarter. Morton Brown Family Wealth LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 4th quarter worth approximately $46,000. Kestra Advisory Services LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 4th quarter worth approximately $50,000. Bank of America Corp DE boosted its holdings in shares of 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 purchasing an additional 936 shares during the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 3rd quarter worth approximately $84,000.

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

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.