Exencial Wealth Advisors LLC Increases Stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF $SEIM

Exencial Wealth Advisors LLC grew its position in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 31.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 52,272 shares of the company’s stock after purchasing an additional 12,395 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF were worth $2,373,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SEIM. K2 Financial Inc. lifted its position in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 22.9% in the 3rd quarter. K2 Financial Inc. now owns 104,371 shares of the company’s stock valued at $4,679,000 after acquiring an additional 19,445 shares in the last quarter. Sei Investments Co. raised its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.0% in the second quarter. Sei Investments Co. now owns 10,736,531 shares of the company’s stock worth $452,652,000 after purchasing an additional 102,597 shares during the last quarter. Merit Financial Group LLC lifted its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 27.8% during the third quarter. Merit Financial Group LLC now owns 92,403 shares of the company’s stock valued at $4,195,000 after purchasing an additional 20,077 shares in the last quarter. Petra Financial Advisors Inc. boosted its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.6% during the second quarter. Petra Financial Advisors Inc. now owns 28,183 shares of the company’s stock valued at $1,188,000 after buying an additional 436 shares during the last quarter. Finally, Meriwether Wealth & Planning LLC increased its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 80.2% in the 3rd quarter. Meriwether Wealth & Planning LLC now owns 26,145 shares of the company’s stock worth $1,187,000 after buying an additional 11,636 shares in the last quarter.

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

Shares of BATS:SEIM opened at $47.59 on Thursday. The firm has a market cap of $739.07 million, a price-to-earnings ratio of 29.16 and a beta of 1.09. The business has a 50-day simple moving average of $45.96 and a two-hundred day simple moving average of $44.66. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a fifty-two week low of $30.22 and a fifty-two week high of $42.91.

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

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were given a dividend of $0.0628 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.5%. This is a positive change from SEI Enhanced U.S. Large Cap Momentum Factor ETF’s previous quarterly dividend of $0.06. The ex-dividend date was Monday, December 29th.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Profile

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.