SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Trading 0% Higher – Time to Buy?

Shares of SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) were up 0% on Wednesday . The company traded as high as $42.07 and last traded at $41.87. Approximately 58,738 shares traded hands during mid-day trading, a decline of 37% from the average daily volume of 93,743 shares. The stock had previously closed at $41.86.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Down 0.5%

The firm has a 50 day moving average price of $42.41 and a 200-day moving average price of $40.60. The firm has a market cap of $723.63 million, a price-to-earnings ratio of 13.06 and a beta of 1.03.

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

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

Institutional Trading of SEI Enhanced U.S. Large Cap Value Factor ETF

Several large investors have recently modified their holdings of the business. Assetmark Inc. increased its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 46.9% during the 3rd quarter. Assetmark Inc. now owns 1,009 shares of the company’s stock worth $39,000 after purchasing an additional 322 shares in the last quarter. Morton Brown Family Wealth LLC purchased a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the 4th quarter valued at approximately $46,000. Kestra Advisory Services LLC acquired a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF during the 4th quarter valued at $50,000. Bank of America Corp DE grew its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% during the 4th quarter. Bank of America Corp DE now owns 1,410 shares of the company’s stock valued at $47,000 after buying an additional 936 shares during the last quarter. Finally, Turning Point Benefit Group Inc. purchased a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the third quarter worth $84,000.

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.