Cahill Financial Advisors Inc. Decreases Stock Holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF $SEIM

Cahill Financial Advisors Inc. lowered its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 10.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,327 shares of the company’s stock after selling 5,059 shares during the quarter. Cahill Financial Advisors Inc. owned 0.29% of SEI Enhanced U.S. Large Cap Momentum Factor ETF worth $1,911,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Bank of America Corp DE raised its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 183.8% during the 4th quarter. Bank of America Corp DE now owns 1,260 shares of the company’s stock valued at $49,000 after buying an additional 816 shares in the last quarter. Marks Group Wealth Management Inc purchased a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the first quarter worth about $1,342,000. Csenge Advisory Group increased its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 13.4% during the first quarter. Csenge Advisory Group now owns 42,987 shares of the company’s stock worth $1,459,000 after acquiring an additional 5,087 shares during the last quarter. Calton & Associates Inc. purchased a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the first quarter valued at approximately $524,000. Finally, OneAscent Financial Services LLC purchased a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the first quarter valued at approximately $981,000.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Stock Performance

Shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF stock opened at $45.22 on Monday. The stock has a market cap of $702.25 million, a price-to-earnings ratio of 29.16 and a beta of 1.09. The stock has a 50 day moving average price of $45.02 and a 200-day moving average price of $42.42. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a one year low of $30.22 and a one year high of $42.91.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Friday, October 3rd were given a dividend of $0.0592 per share. The ex-dividend date was Friday, October 3rd. This represents a $0.24 dividend on an annualized basis and a yield of 0.5%.

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.