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

Truist Financial Corp boosted its holdings in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) by 30.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 151,943 shares of the company’s stock after acquiring an additional 35,328 shares during the period. Truist Financial Corp’s holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF were worth $5,877,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brookwood Investment Group LLC boosted its stake in SEI Enhanced U.S. Large Cap Quality Factor ETF by 45.7% during the 3rd quarter. Brookwood Investment Group LLC now owns 193,889 shares of the company’s stock valued at $7,500,000 after purchasing an additional 60,838 shares during the last quarter. Apella Capital LLC purchased a new stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the third quarter worth approximately $628,000. S&T Bank PA grew its holdings in 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 buying an additional 95,435 shares in the last quarter. Merit Financial Group LLC raised its position in SEI Enhanced U.S. Large Cap Quality Factor ETF by 33.5% in the 3rd quarter. Merit Financial Group LLC now owns 52,526 shares of the company’s stock valued at $2,032,000 after buying an additional 13,194 shares during the last quarter. Finally, United Advisor Group LLC purchased a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF in the 2nd quarter valued at $589,000.

SEI Enhanced U.S. Large Cap Quality Factor ETF Trading Up 0.1%

Shares of BATS:SEIQ opened at $38.84 on Wednesday. The stock has a market cap of $349.57 million, a PE ratio of 26.58 and a beta of 0.83. The stock’s fifty day simple moving average is $38.96 and its two-hundred day simple moving average is $38.36. SEI Enhanced U.S. Large Cap Quality Factor ETF has a 1-year low of $30.97 and a 1-year high of $37.65.

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

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were issued a dividend of $0.1033 per share. 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. The ex-dividend date was Monday, December 29th.

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