SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Hits New 12-Month High – Here’s Why

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV)’s share price hit a new 52-week high on Thursday . The stock traded as high as $45.46 and last traded at $45.45, with a volume of 72955 shares changing hands. The stock had previously closed at $44.72.

SEI Enhanced U.S. Large Cap Value Factor ETF Stock Up 1.6%

The firm has a market capitalization of $795.38 million, a price-to-earnings ratio of 13.06 and a beta of 1.03. The stock has a 50 day moving average of $42.59 and a 200 day moving average of $41.68.

Hedge Funds Weigh In On SEI Enhanced U.S. Large Cap Value Factor ETF

A number of hedge funds have recently bought and sold shares of the company. Aire Advisors LLC acquired a new position in SEI Enhanced U.S. Large Cap Value Factor ETF in the first quarter worth about $200,000. Independent Financial Group LLC acquired a new position in SEI Enhanced U.S. Large Cap Value Factor ETF in the first quarter worth about $226,000. Uptick Partners LLC acquired a new position in SEI Enhanced U.S. Large Cap Value Factor ETF in the first quarter worth about $500,000. Whipplewood Advisors LLC grew its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 372.0% in the first quarter. Whipplewood Advisors LLC now owns 3,601 shares of the company’s stock worth $150,000 after purchasing an additional 2,838 shares in the last quarter. Finally, K2 Financial Inc. grew its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 0.3% in the first quarter. K2 Financial Inc. now owns 116,567 shares of the company’s stock worth $5,129,000 after purchasing an additional 389 shares in the last quarter.

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.