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

Envestnet Asset Management Inc. lessened its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 6.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 255,070 shares of the company’s stock after selling 17,184 shares during the period. Envestnet Asset Management Inc. owned 1.76% of SEI Enhanced U.S. Large Cap Momentum Factor ETF worth $9,848,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the fourth quarter valued at about $1,136,000. Stewardship Advisors LLC increased its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 11.4% in the 4th quarter. Stewardship Advisors LLC now owns 12,207 shares of the company’s stock valued at $471,000 after purchasing an additional 1,245 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter worth approximately $1,099,000. Principal Securities Inc. boosted its position in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 11.9% during the fourth quarter. Principal Securities Inc. now owns 10,394 shares of the company’s stock worth $401,000 after purchasing an additional 1,105 shares in the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter valued at about $2,510,000.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Price Performance

Shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF stock opened at $34.03 on Friday. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a 1 year low of $29.64 and a 1 year high of $41.37. The business has a 50 day moving average price of $36.75 and a 200 day moving average price of $38.18. The company has a market capitalization of $504.65 million, a P/E ratio of 23.64 and a beta of 1.07.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Profile

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.