Wealth Enhancement Advisory Services LLC Boosts Stock Position in SEI Enhanced U.S. Large Cap Value Factor ETF $SEIV

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) by 26.4% during the third quarter, Holdings Channel.com reports. The firm owned 105,315 shares of the company’s stock after acquiring an additional 22,011 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in SEI Enhanced U.S. Large Cap Value Factor ETF were worth $4,094,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Bank of America Corp DE grew its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% in the fourth quarter. Bank of America Corp DE now owns 1,410 shares of the company’s stock worth $47,000 after acquiring an additional 936 shares in the last quarter. LexAurum Advisors LLC purchased a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 2nd quarter worth approximately $219,000. Cetera Investment Advisers purchased a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF during the 2nd quarter valued at $219,000. Binnacle Investments Inc lifted its position in SEI Enhanced U.S. Large Cap Value Factor ETF by 63.6% in the second quarter. Binnacle Investments Inc now owns 7,316 shares of the company’s stock worth $261,000 after buying an additional 2,845 shares during the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the second quarter worth $275,000.

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

SEIV stock opened at $41.89 on Tuesday. The stock has a market cap of $732.99 million, a PE ratio of 13.06 and a beta of 1.03. 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 company has a 50-day moving average price of $41.25 and a 200 day moving average price of $39.17.

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

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 29th were issued a dividend of $0.1785 per share. This represents a $0.71 annualized dividend and a yield of 1.7%. 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.

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