Csenge Advisory Group Grows Position in SEI Enhanced U.S. Large Cap Momentum Factor ETF $SEIM

Csenge Advisory Group increased its position in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 32.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 58,809 shares of the company’s stock after buying an additional 14,462 shares during the quarter. Csenge Advisory Group owned 0.38% of SEI Enhanced U.S. Large Cap Momentum Factor ETF worth $2,670,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SEIM. S&T Bank PA grew its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1,715.7% in the 2nd quarter. S&T Bank PA now owns 180,350 shares of the company’s stock worth $7,604,000 after acquiring an additional 170,417 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.0% during the second quarter. Sei Investments Co. now owns 10,736,531 shares of the company’s stock worth $452,652,000 after purchasing an additional 102,597 shares during the period. Atria Investments Inc grew its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 182.0% in the second quarter. Atria Investments Inc now owns 76,716 shares of the company’s stock worth $3,234,000 after purchasing an additional 49,507 shares during the last quarter. Apella Capital LLC purchased a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 3rd quarter valued at about $1,310,000. Finally, Stark Wealth Management LLC bought a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 2nd quarter valued at approximately $1,130,000.

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

BATS SEIM opened at $47.82 on Friday. The stock has a market cap of $742.63 million, a P/E ratio of 29.16 and a beta of 1.09. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a fifty-two week low of $30.22 and a fifty-two week high of $42.91. The stock has a 50 day simple moving average of $46.07 and a two-hundred day simple moving average of $44.74.

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

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were paid a $0.0628 dividend. The ex-dividend date of this dividend was Monday, December 29th. This is a positive change from SEI Enhanced U.S. Large Cap Momentum Factor ETF’s previous quarterly dividend of $0.06. This represents a $0.25 dividend on an annualized basis and a yield of 0.5%.

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