SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM – Get Free Report) traded up 0.4% during trading on Thursday . The company traded as high as $55.87 and last traded at $55.63. Approximately 70,009 shares traded hands during trading, a decline of 19% from the average session volume of 86,488 shares. The stock had previously closed at $55.40.
SEI Enhanced U.S. Large Cap Momentum Factor ETF Stock Performance
The company’s fifty day simple moving average is $54.18 and its two-hundred day simple moving average is $50.92. The company has a market capitalization of $865.95 million, a price-to-earnings ratio of 29.16 and a beta of 1.09.
Hedge Funds Weigh In On SEI Enhanced U.S. Large Cap Momentum Factor ETF
A number of hedge funds have recently bought and sold shares of SEIM. Sei Investments Co. increased its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 2.5% in the first quarter. Sei Investments Co. now owns 13,469,751 shares of the company’s stock valued at $613,549,000 after buying an additional 329,618 shares during the last quarter. Summit Wealth Group LLC Co. bought a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter worth approximately $88,433,000. Osaic Holdings Inc. grew its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1,140.6% in the 4th quarter. Osaic Holdings Inc. now owns 465,700 shares of the company’s stock worth $21,483,000 after acquiring an additional 428,161 shares in the last quarter. FSA Advisors Inc. acquired a new position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter worth approximately $5,296,000. Finally, K2 Financial Inc. increased its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.8% in the 1st quarter. K2 Financial Inc. now owns 104,952 shares of the company’s stock valued at $4,781,000 after acquiring an additional 1,853 shares during the last quarter.
About SEI Enhanced U.S. Large Cap Momentum Factor ETF
The SEI Large Cap Momentum Factor ETF (SEIM) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies, exhibiting strong momentum. Selection is based on a quantitative model and an optimization process. SEIM was launched on May 18, 2022 and is managed by SEI.
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