Wealth Enhancement Advisory Services LLC Acquires 22,011 Shares of SEI Enhanced U.S. Large Cap Value Factor ETF $SEIV

Wealth Enhancement Advisory Services LLC increased its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) by 26.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 105,315 shares of the company’s stock after buying an additional 22,011 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.60% of SEI Enhanced U.S. Large Cap Value Factor ETF worth $4,094,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. S&T Bank PA raised its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 1,704.1% during the 2nd quarter. S&T Bank PA now owns 205,051 shares of the company’s stock valued at $7,318,000 after purchasing an additional 193,685 shares during the period. Sei Investments Co. lifted its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 0.8% during the second quarter. Sei Investments Co. now owns 12,394,373 shares of the company’s stock valued at $442,356,000 after purchasing an additional 94,264 shares during the last quarter. Apella Capital LLC purchased a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF during the third quarter valued at about $1,282,000. Merit Financial Group LLC raised its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 27.9% during the third quarter. Merit Financial Group LLC now owns 105,611 shares of the company’s stock worth $4,108,000 after acquiring an additional 23,008 shares in the last quarter. Finally, Stark Wealth Management LLC bought a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 2nd quarter valued at about $819,000.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 28.4%

SEIV stock opened at $41.89 on Tuesday. SEI Enhanced U.S. Large Cap Value Factor ETF has a 12-month low of $27.84 and a 12-month high of $37.60. The stock has a market capitalization of $732.99 million, a price-to-earnings ratio of 13.06 and a beta of 1.03. The firm’s 50-day moving average price is $41.25 and its two-hundred day moving average price is $39.17.

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

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

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.