Wealth Enhancement Advisory Services LLC Buys 8,518 Shares of SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV)

Wealth Enhancement Advisory Services LLC raised its stake in SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) by 14.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 67,983 shares of the company’s stock after purchasing an additional 8,518 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in SEI Enhanced U.S. Large Cap Value Factor ETF were worth $2,240,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in SEIV. Stewardship Advisors LLC purchased a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 3rd quarter valued at about $389,000. Lynx Investment Advisory bought a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the second quarter valued at approximately $486,000. Petra Financial Advisors Inc. grew its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 69.8% during the second quarter. Petra Financial Advisors Inc. now owns 32,388 shares of the company’s stock valued at $1,009,000 after acquiring an additional 13,311 shares during the last quarter. Csenge Advisory Group purchased a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the first quarter worth approximately $1,180,000. Finally, NewEdge Advisors LLC bought a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 2nd quarter worth approximately $1,293,000.

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

SEIV stock opened at $33.02 on Friday. The company has a market cap of $495.23 million, a price-to-earnings ratio of 10.93 and a beta of 0.87. The firm’s 50 day simple moving average is $32.51 and its two-hundred day simple moving average is $31.44.

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