Truist Financial Corp Has $5.88 Million Stake in SEI Enhanced U.S. Large Cap Quality Factor ETF $SEIQ

Truist Financial Corp lifted its position in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) by 30.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 151,943 shares of the company’s stock after purchasing an additional 35,328 shares during the quarter. Truist Financial Corp owned 1.69% of SEI Enhanced U.S. Large Cap Quality Factor ETF worth $5,877,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of SEIQ. Brookwood Investment Group LLC bought a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF during the 2nd quarter worth about $4,947,000. S&T Bank PA lifted its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 1,781.2% during the second quarter. S&T Bank PA now owns 100,793 shares of the company’s stock worth $3,747,000 after purchasing an additional 95,435 shares in the last quarter. Stark Wealth Management LLC bought a new stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the second quarter valued at approximately $655,000. Apella Capital LLC bought a new stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the third quarter valued at approximately $628,000. Finally, United Advisor Group LLC acquired a new stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the second quarter valued at approximately $589,000.

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

BATS:SEIQ opened at $38.84 on Wednesday. The stock’s fifty day moving average price is $38.96 and its two-hundred day moving average price is $38.36. SEI Enhanced U.S. Large Cap Quality Factor ETF has a 52-week low of $30.97 and a 52-week high of $37.65. The company has a market cap of $349.57 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 given a dividend of $0.1033 per share. The ex-dividend date was Monday, December 29th. This represents a $0.41 annualized dividend and a yield of 1.1%. This is a boost 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.