186,092 SEI Enhanced U.S. Large Cap Value Factor ETF $SEIV Shares Bought by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. increased its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) by 6.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,219,245 shares of the company’s stock after buying an additional 186,092 shares during the period. SEI Enhanced U.S. Large Cap Value Factor ETF comprises approximately 10.0% of Summit Wealth Group LLC Co.’s investment portfolio, making the stock its 2nd biggest holding. Summit Wealth Group LLC Co. owned about 18.40% of SEI Enhanced U.S. Large Cap Value Factor ETF worth $158,033,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SEIV. Sei Investments Co. boosted its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 1.2% during the 1st quarter. Sei Investments Co. now owns 14,939,112 shares of the company’s stock valued at $620,870,000 after acquiring an additional 184,033 shares in the last quarter. StoneCrest Wealth Management Inc. purchased a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 2nd quarter valued at $9,646,000. K2 Financial Inc. raised its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 0.3% in the 1st quarter. K2 Financial Inc. now owns 116,567 shares of the company’s stock worth $5,129,000 after acquiring an additional 389 shares in the last quarter. Fig Financial Advisory Services Inc. ADV bought a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 3rd quarter worth $3,003,000. Finally, LexAurum Advisors LLC raised its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 74.9% in the 3rd quarter. LexAurum Advisors LLC now owns 14,980 shares of the company’s stock worth $735,000 after acquiring an additional 6,415 shares in the last quarter.

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

Shares of BATS SEIV opened at $49.54 on Tuesday. The stock has a market capitalization of $866.95 million, a P/E ratio of 13.06 and a beta of 1.03. SEI Enhanced U.S. Large Cap Value Factor ETF has a 1-year low of $38.51 and a 1-year high of $51.65. The business has a fifty day moving average price of $50.16 and a 200 day moving average price of $46.60.

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.