Envestnet Asset Management Inc. Purchases 48,799 Shares of SEI Enhanced U.S. Large Cap Value Factor ETF $SEIV

Envestnet Asset Management Inc. increased its position in SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) by 18.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 317,748 shares of the company’s stock after buying an additional 48,799 shares during the period. Envestnet Asset Management Inc.’s holdings in SEI Enhanced U.S. Large Cap Value Factor ETF were worth $12,360,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cahill Financial Advisors Inc. lifted its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 16.5% in the third quarter. Cahill Financial Advisors Inc. now owns 60,751 shares of the company’s stock valued at $2,363,000 after acquiring an additional 8,625 shares during the last quarter. Truist Financial Corp increased its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 18.2% during the 3rd quarter. Truist Financial Corp now owns 296,435 shares of the company’s stock worth $11,531,000 after purchasing an additional 45,698 shares during the last quarter. Stewardship Advisors LLC raised its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 39.3% during the 3rd quarter. Stewardship Advisors LLC now owns 23,624 shares of the company’s stock valued at $919,000 after purchasing an additional 6,661 shares in the last quarter. WPG Advisers LLC lifted its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 18.6% in the 3rd quarter. WPG Advisers LLC now owns 5,379 shares of the company’s stock valued at $209,000 after purchasing an additional 845 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 26.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 105,315 shares of the company’s stock valued at $4,094,000 after purchasing an additional 22,011 shares during the last quarter.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Down 0.2%

Shares of BATS:SEIV opened at $43.00 on Wednesday. The stock has a market capitalization of $752.50 million, a PE ratio of 13.06 and a beta of 1.03. SEI Enhanced U.S. Large Cap Value Factor ETF has a 1 year low of $27.84 and a 1 year high of $43.92. The firm has a fifty day moving average price of $42.10 and a 200 day moving average price of $39.92.

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

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 29th were issued a dividend of $0.1785 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 1.7%. This is a positive change from SEI Enhanced U.S. Large Cap Value Factor ETF’s previous quarterly dividend of $0.13.

SEI Enhanced U.S. Large Cap Value Factor ETF Company Profile

The SEI Large Cap Value Factor ETF (SEIV) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks that are perceived to be at a discount relative to their fair valuation. SEIV was launched on May 18, 2022 and is managed by SEI.