SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Stock Price Down 0.6% – Here’s What Happened

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) traded down 0.6% on Wednesday . The stock traded as low as $47.52 and last traded at $47.79. Approximately 77,597 shares were traded during trading, a decline of 17% from the average daily volume of 93,753 shares. The stock had previously closed at $48.06.

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

The firm’s 50 day simple moving average is $47.12 and its 200-day simple moving average is $44.02. The company has a market capitalization of $836.33 million, a price-to-earnings ratio of 13.06 and a beta of 1.03.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Morton Brown Family Wealth LLC purchased a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF in the 4th quarter worth about $46,000. Bank of America Corp DE grew its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% during the 4th quarter. Bank of America Corp DE now owns 1,410 shares of the company’s stock valued at $47,000 after acquiring an additional 936 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the 4th quarter valued at about $50,000. Turning Point Benefit Group Inc. acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 3rd quarter valued at about $84,000. Finally, Larson Financial Group LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the 3rd quarter valued at about $100,000.

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.