SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Trading Up 1.1% – Time to Buy?

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) shares were up 1.1% on Monday . The stock traded as high as $42.82 and last traded at $42.82. Approximately 79,923 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 94,686 shares. The stock had previously closed at $42.35.

SEI Enhanced U.S. Large Cap Value Factor ETF Stock Up 1.1%

The company has a market capitalization of $749.35 million, a price-to-earnings ratio of 13.06 and a beta of 1.03. The company’s 50 day simple moving average is $42.32 and its two-hundred day simple moving average is $41.13.

Institutional Investors Weigh In On SEI Enhanced U.S. Large Cap Value Factor ETF

Institutional investors have recently bought and sold shares of the company. Merit Financial Group LLC boosted its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 27.9% in the third quarter. Merit Financial Group LLC now owns 105,611 shares of the company’s stock valued at $4,108,000 after acquiring an additional 23,008 shares in the last quarter. Exencial Wealth Advisors LLC boosted its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 30.2% in the third quarter. Exencial Wealth Advisors LLC now owns 60,092 shares of the company’s stock valued at $2,338,000 after acquiring an additional 13,928 shares in the last quarter. Csenge Advisory Group boosted its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 31.7% in the third quarter. Csenge Advisory Group now owns 67,514 shares of the company’s stock valued at $2,626,000 after acquiring an additional 16,257 shares in the last quarter. Calton & Associates Inc. acquired a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the third quarter valued at approximately $535,000. Finally, Apella Capital LLC purchased a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the third quarter worth $1,282,000.

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.