SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) by 1.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 306,110 shares of the company’s stock after selling 5,419 shares during the period. Envestnet Asset Management Inc.’s holdings in SEI Enhanced U.S. Large Cap Value Factor ETF were worth $9,536,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. MONECO Advisors LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the first quarter worth $433,000. Lynx Investment Advisory acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the second quarter worth $486,000. Petra Financial Advisors Inc. grew its stake in shares of 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 worth $1,009,000 after purchasing an additional 13,311 shares in the last quarter. Perigon Wealth Management LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the first quarter worth $1,048,000. Finally, Csenge Advisory Group acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the first quarter worth $1,180,000.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 0.5 %

Shares of SEIV stock opened at $33.01 on Friday. The stock’s 50 day moving average price is $31.63 and its two-hundred day moving average price is $30.98. The firm has a market capitalization of $495.15 million, a P/E ratio of 10.93 and a beta of 0.87.

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

The company also recently announced a dividend, which was paid on Tuesday, July 9th. Stockholders of record on Monday, July 8th were issued a $0.1651 dividend. This is an increase from SEI Enhanced U.S. Large Cap Value Factor ETF’s previous dividend of $0.15. The ex-dividend date was Monday, July 8th.

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.