Shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM – Get Free Report) were up 0.3% during trading on Friday . The stock traded as high as $54.27 and last traded at $54.11. 39,370 shares were traded during trading, a decline of 55% from the average daily volume of 87,682 shares. The stock had previously closed at $53.94.
SEI Enhanced U.S. Large Cap Momentum Factor ETF Price Performance
The stock has a market capitalization of $840.33 million, a P/E ratio of 29.16 and a beta of 1.09. The stock’s fifty day moving average is $54.11 and its two-hundred day moving average is $51.60.
Institutional Investors Weigh In On SEI Enhanced U.S. Large Cap Momentum Factor ETF
Large investors have recently modified their holdings of the stock. Bank of America Corp DE lifted its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 183.8% during the fourth quarter. Bank of America Corp DE now owns 1,260 shares of the company’s stock valued at $49,000 after purchasing an additional 816 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter valued at $50,000. Turning Point Benefit Group Inc. purchased a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 3rd quarter worth about $87,000. Larson Financial Group LLC purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 3rd quarter valued at approximately $102,000. Finally, Silver Grove Financial Group Inc. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter valued at approximately $108,000.
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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