Sei Investments Co. Has $287.97 Million Stock Holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF $SEIQ

Sei Investments Co. grew its holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) by 26.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,444,963 shares of the company’s stock after acquiring an additional 1,539,921 shares during the period. Sei Investments Co. owned 82.72% of SEI Enhanced U.S. Large Cap Quality Factor ETF worth $287,970,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Brookwood Investment Group LLC lifted its stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 45.7% in the 3rd quarter. Brookwood Investment Group LLC now owns 193,889 shares of the company’s stock valued at $7,500,000 after purchasing an additional 60,838 shares during the last quarter. Apella Capital LLC acquired a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF during the third quarter worth $628,000. Merit Financial Group LLC increased its position in SEI Enhanced U.S. Large Cap Quality Factor ETF by 33.5% during the third quarter. Merit Financial Group LLC now owns 52,526 shares of the company’s stock worth $2,032,000 after buying an additional 13,194 shares during the last quarter. Truist Financial Corp raised its holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF by 30.3% during the third quarter. Truist Financial Corp now owns 151,943 shares of the company’s stock valued at $5,877,000 after buying an additional 35,328 shares in the last quarter. Finally, United Advisor Group LLC bought a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF during the second quarter valued at about $589,000.

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

Shares of BATS:SEIQ opened at $37.42 on Friday. The stock has a market capitalization of $336.78 million, a P/E ratio of 26.58 and a beta of 0.83. The business has a 50-day moving average of $38.70 and a two-hundred day moving average of $38.53. 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 $41.13.

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

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were paid a $0.1033 dividend. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend 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.

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