SEI Enhanced U.S. Large Cap Value Factor ETF $SEIV Stake Raised by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) by 18.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 317,748 shares of the company’s stock after acquiring an additional 48,799 shares during the quarter. Envestnet Asset Management Inc. owned approximately 1.82% of SEI Enhanced U.S. Large Cap Value Factor ETF worth $12,360,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Cahill Financial Advisors Inc. boosted its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 16.5% during the third quarter. Cahill Financial Advisors Inc. now owns 60,751 shares of the company’s stock worth $2,363,000 after purchasing an additional 8,625 shares during the period. Truist Financial Corp lifted its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 18.2% in the 3rd quarter. Truist Financial Corp now owns 296,435 shares of the company’s stock worth $11,531,000 after buying an additional 45,698 shares in the last quarter. Stewardship Advisors LLC lifted its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 39.3% in the 3rd quarter. Stewardship Advisors LLC now owns 23,624 shares of the company’s stock worth $919,000 after buying an additional 6,661 shares in the last quarter. WPG Advisers LLC boosted its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 18.6% during the 3rd quarter. WPG Advisers LLC now owns 5,379 shares of the company’s stock valued at $209,000 after buying an additional 845 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 26.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 105,315 shares of the company’s stock valued at $4,094,000 after buying an additional 22,011 shares during the period.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Down 0.2%

BATS SEIV opened at $43.00 on Wednesday. SEI Enhanced U.S. Large Cap Value Factor ETF has a 1-year low of $27.84 and a 1-year high of $43.92. The company has a market capitalization of $752.50 million, a PE ratio of 13.06 and a beta of 1.03. The firm’s fifty day simple moving average is $42.10 and its 200-day simple moving average is $39.92.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 29th were paid a $0.1785 dividend. This represents a $0.71 dividend on an annualized basis and a yield of 1.7%. This is an increase from SEI Enhanced U.S. Large Cap Value Factor ETF’s previous quarterly dividend of $0.13. The ex-dividend date was Monday, December 29th.

SEI Enhanced U.S. Large Cap Value Factor ETF Company Profile

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.