SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Hits New 52-Week High – Here’s Why

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $51.21 and last traded at $51.07, with a volume of 1472 shares. The stock had previously closed at $50.70.

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

The company has a market cap of $899.85 million, a PE ratio of 13.06 and a beta of 1.03. The company’s 50-day simple moving average is $48.69 and its 200 day simple moving average is $45.41.

Institutional Trading of SEI Enhanced U.S. Large Cap Value Factor ETF

Several hedge funds have recently modified their holdings of the stock. Morton Brown Family Wealth LLC purchased a new position in SEI Enhanced U.S. Large Cap Value Factor ETF in the fourth quarter valued at $46,000. Kestra Advisory Services LLC purchased a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF during the 4th quarter worth about $50,000. Bank of America Corp DE raised its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% in the 4th quarter. Bank of America Corp DE now owns 1,410 shares of the company’s stock valued at $47,000 after purchasing an additional 936 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the 3rd quarter valued at about $84,000. Finally, Larson Financial Group LLC purchased a new position in shares of 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 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.