Apella Capital LLC Purchases New Shares in SEI Enhanced U.S. Large Cap Quality Factor ETF $SEIQ

Apella Capital LLC purchased a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,615 shares of the company’s stock, valued at approximately $628,000. Apella Capital LLC owned 0.18% of SEI Enhanced U.S. Large Cap Quality Factor ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Calton & Associates Inc. bought a new stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the 1st quarter valued at $272,000. Geneos Wealth Management Inc. increased its stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 225.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 52,034 shares of the company’s stock worth $1,817,000 after acquiring an additional 36,062 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in SEI Enhanced U.S. Large Cap Quality Factor ETF by 11.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 42,308 shares of the company’s stock valued at $1,589,000 after acquiring an additional 4,486 shares during the period. Meriwether Wealth & Planning LLC boosted its stake in SEI Enhanced U.S. Large Cap Quality Factor ETF by 53.8% during the second quarter. Meriwether Wealth & Planning LLC now owns 108,344 shares of the company’s stock worth $4,028,000 after acquiring an additional 37,900 shares in the last quarter. Finally, Perigon Wealth Management LLC boosted its stake in SEI Enhanced U.S. Large Cap Quality Factor ETF by 2.1% during the second quarter. Perigon Wealth Management LLC now owns 13,623 shares of the company’s stock worth $507,000 after acquiring an additional 280 shares in the last quarter.

SEI Enhanced U.S. Large Cap Quality Factor ETF Stock Performance

Shares of SEIQ opened at $39.30 on Tuesday. The firm’s 50-day simple moving average is $38.55 and its two-hundred day simple moving average is $37.97. SEI Enhanced U.S. Large Cap Quality Factor ETF has a fifty-two week low of $30.97 and a fifty-two week high of $37.65. The stock has a market cap of $353.71 million, a PE ratio of 26.58 and a beta of 0.83.

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

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 29th will be given a $0.1033 dividend. This is an increase from SEI Enhanced U.S. Large Cap Quality Factor ETF’s previous quarterly dividend of $0.07. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Monday, December 29th.

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.