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

Envestnet Asset Management Inc. lowered its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) by 4.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 269,332 shares of the company’s stock after selling 12,223 shares during the quarter. Envestnet Asset Management Inc. owned 1.61% of SEI Enhanced U.S. Large Cap Value Factor ETF worth $8,743,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% in the fourth quarter. Bank of America Corp DE now owns 1,410 shares of the company’s stock valued at $47,000 after buying an additional 936 shares in the last quarter. Mariner LLC acquired a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 4th quarter worth about $265,000. United Advisor Group LLC lifted its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 4.1% during the first quarter. United Advisor Group LLC now owns 11,894 shares of the company’s stock worth $386,000 after purchasing an additional 463 shares during the last quarter. LPL Financial LLC boosted its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF by 39.4% in the fourth quarter. LPL Financial LLC now owns 15,944 shares of the company’s stock valued at $528,000 after purchasing an additional 4,508 shares in the last quarter. Finally, Stewardship Advisors LLC raised its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF by 17.3% during the first quarter. Stewardship Advisors LLC now owns 16,460 shares of the company’s stock worth $534,000 after purchasing an additional 2,432 shares in the last quarter.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 10.7%

Shares of SEIV stock opened at $36.12 on Tuesday. The company has a market capitalization of $632.08 million, a P/E ratio of 13.06 and a beta of 1.03. The business’s 50 day moving average is $34.88 and its two-hundred day moving average is $33.51. SEI Enhanced U.S. Large Cap Value Factor ETF has a twelve month low of $27.84 and a twelve month high of $36.48.

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

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.