MONECO Advisors LLC Has $201,000 Stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM)

MONECO Advisors LLC decreased its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 9.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,217 shares of the company’s stock after selling 576 shares during the quarter. MONECO Advisors LLC’s holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF were worth $201,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Atria Wealth Solutions Inc. acquired a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the fourth quarter valued at about $2,510,000. Wealth Enhancement Advisory Services LLC lifted its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 12.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 64,086 shares of the company’s stock valued at $2,315,000 after buying an additional 7,098 shares during the period. Compass Capital Corp MA ADV acquired a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the fourth quarter valued at about $1,446,000. Petra Financial Advisors Inc. lifted its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.4% in the third quarter. Petra Financial Advisors Inc. now owns 31,318 shares of the company’s stock valued at $1,131,000 after buying an additional 437 shares during the period. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF during the fourth quarter worth about $1,136,000.

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

BATS SEIM opened at $38.93 on Wednesday. The firm has a market capitalization of $536.50 million, a price-to-earnings ratio of 27.41 and a beta of 1.05. The stock’s 50 day simple moving average is $39.84 and its 200-day simple moving average is $37.91.

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.