Private Advisor Group LLC Sells 489 Shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM)

Private Advisor Group LLC reduced its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 4.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,537 shares of the company’s stock after selling 489 shares during the quarter. Private Advisor Group LLC owned about 0.07% of SEI Enhanced U.S. Large Cap Momentum Factor ETF worth $378,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Stewardship Advisors LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF during the third quarter worth approximately $396,000. NewEdge Advisors LLC acquired a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the second quarter worth $1,326,000. Cambridge Investment Research Advisors Inc. lifted its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 4.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 40,609 shares of the company’s stock valued at $1,348,000 after buying an additional 1,682 shares in the last quarter. Petra Financial Advisors Inc. grew its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 67.9% during the second quarter. Petra Financial Advisors Inc. now owns 30,881 shares of the company’s stock valued at $1,025,000 after buying an additional 12,487 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 4.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 56,988 shares of the company’s stock worth $1,892,000 after acquiring an additional 2,250 shares in the last quarter.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Stock Up 1.9 %

SEIM opened at $36.86 on Wednesday. The firm has a market cap of $534.47 million, a price-to-earnings ratio of 28.31 and a beta of 1.04. The stock has a fifty day simple moving average of $35.71 and a 200-day simple moving average of $33.65.

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.