SEI Enhanced U.S. Large Cap Quality Factor ETF $SEIQ Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) by 30.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,235 shares of the company’s stock after purchasing an additional 37,378 shares during the period. Envestnet Asset Management Inc. owned 1.78% of SEI Enhanced U.S. Large Cap Quality Factor ETF worth $6,198,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Binnacle Investments Inc increased its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 60.1% during the 2nd quarter. Binnacle Investments Inc now owns 3,403 shares of the company’s stock valued at $127,000 after purchasing an additional 1,277 shares during the period. Concurrent Investment Advisors LLC bought a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF during the third quarter valued at about $238,000. Stewardship Advisors LLC grew its holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF by 44.6% during the third quarter. Stewardship Advisors LLC now owns 11,568 shares of the company’s stock worth $447,000 after acquiring an additional 3,566 shares during the period. Diversified Enterprises LLC raised its position in SEI Enhanced U.S. Large Cap Quality Factor ETF by 15.0% in the third quarter. Diversified Enterprises LLC now owns 12,515 shares of the company’s stock worth $484,000 after acquiring an additional 1,632 shares in the last quarter. Finally, United Advisor Group LLC bought a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF in the second quarter worth about $589,000.

SEI Enhanced U.S. Large Cap Quality Factor ETF Trading Up 0.5%

BATS:SEIQ opened at $38.51 on Friday. SEI Enhanced U.S. Large Cap Quality Factor ETF has a twelve month low of $30.97 and a twelve month high of $41.13. The company has a 50-day moving average of $38.90 and a 200-day moving average of $38.46. The firm has a market cap of $346.59 million, a price-to-earnings ratio of 26.58 and a beta of 0.83.

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

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were issued a dividend of $0.1033 per share. The ex-dividend date was Monday, December 29th. This is a positive change 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 yield of 1.1%.

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

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.