Wealth Enhancement Advisory Services LLC Purchases 3,702 Shares of SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ)

Wealth Enhancement Advisory Services LLC increased its position in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) by 11.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,644 shares of the company’s stock after buying an additional 3,702 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.45% of SEI Enhanced U.S. Large Cap Quality Factor ETF worth $1,245,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principal Securities Inc. raised its holdings in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 16.8% during the 4th quarter. Principal Securities Inc. now owns 5,263 shares of the company’s stock worth $184,000 after acquiring an additional 756 shares in the last quarter. NewEdge Advisors LLC increased its position in SEI Enhanced U.S. Large Cap Quality Factor ETF by 11.5% in the fourth quarter. NewEdge Advisors LLC now owns 24,917 shares of the company’s stock worth $871,000 after purchasing an additional 2,572 shares during the last quarter. Whipplewood Advisors LLC bought a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF in the fourth quarter worth $191,000. LPL Financial LLC purchased a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF during the fourth quarter valued at $245,000. Finally, Private Advisor Group LLC bought a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF during the fourth quarter valued at $357,000.

SEI Enhanced U.S. Large Cap Quality Factor ETF Stock Up 5.4%

Shares of BATS:SEIQ opened at $36.96 on Friday. The firm has a fifty day simple moving average of $34.87 and a two-hundred day simple moving average of $35.34. SEI Enhanced U.S. Large Cap Quality Factor ETF has a 52 week low of $30.97 and a 52 week high of $37.00. The stock has a market capitalization of $315.26 million, a P/E ratio of 26.96 and a beta of 0.85.

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

The SEI Large Cap Quality Factor ETF (SEIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks it perceives as high quality, based on various quality, profitability, and risk factors. SEIQ was launched on May 18, 2022 and is managed by SEI.