SEI Enhanced U.S. Large Cap Quality Factor ETF $SEIQ Stock Bought by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. increased its holdings in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) by 21.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,006,277 shares of the company’s stock after acquiring an additional 360,573 shares during the period. SEI Enhanced U.S. Large Cap Quality Factor ETF makes up 5.2% of Summit Wealth Group LLC Co.’s investment portfolio, making the stock its 4th largest holding. Summit Wealth Group LLC Co. owned about 22.29% of SEI Enhanced U.S. Large Cap Quality Factor ETF worth $82,357,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of SEIQ. Sei Investments Co. grew its holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF by 8.1% in the first quarter. Sei Investments Co. now owns 8,212,136 shares of the company’s stock worth $299,006,000 after purchasing an additional 613,643 shares during the period. Citadel Advisors LLC purchased a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the second quarter valued at approximately $369,000. Independent Wealth Network Inc. purchased a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the third quarter valued at approximately $222,000. K2 Financial Inc. boosted its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 7.4% in the 1st quarter. K2 Financial Inc. now owns 64,103 shares of the company’s stock worth $2,476,000 after purchasing an additional 4,433 shares in the last quarter. Finally, LexAurum Advisors LLC boosted its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 78.3% in the 3rd quarter. LexAurum Advisors LLC now owns 9,146 shares of the company’s stock worth $375,000 after purchasing an additional 4,016 shares in the last quarter.

SEI Enhanced U.S. Large Cap Quality Factor ETF Stock Up 0.9%

SEI Enhanced U.S. Large Cap Quality Factor ETF stock opened at $42.74 on Tuesday. The company has a market capitalization of $384.66 million, a P/E ratio of 26.58 and a beta of 0.83. The stock’s 50 day moving average is $41.94 and its 200 day moving average is $39.86. SEI Enhanced U.S. Large Cap Quality Factor ETF has a twelve month low of $35.53 and a twelve month high of $43.26.

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.