S&T Bank PA Purchases 95,435 Shares of SEI Enhanced U.S. Large Cap Quality Factor ETF $SEIQ

S&T Bank PA grew its position in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) by 1,781.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 100,793 shares of the company’s stock after buying an additional 95,435 shares during the period. S&T Bank PA’s holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF were worth $3,747,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SEIQ. Brookwood Investment Group LLC bought a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF in the second quarter valued at about $4,947,000. Meriwether Wealth & Planning LLC raised its holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF by 53.8% during the 2nd quarter. Meriwether Wealth & Planning LLC now owns 108,344 shares of the company’s stock worth $4,028,000 after purchasing an additional 37,900 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF by 317.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 66,686 shares of the company’s stock worth $2,329,000 after purchasing an additional 50,714 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in SEI Enhanced U.S. Large Cap Quality Factor ETF by 11.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 42,308 shares of the company’s stock valued at $1,589,000 after purchasing an additional 4,486 shares during the period. Finally, Csenge Advisory Group boosted its stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 7.0% in the 1st quarter. Csenge Advisory Group now owns 22,583 shares of the company’s stock valued at $756,000 after purchasing an additional 1,484 shares during the last quarter.

SEI Enhanced U.S. Large Cap Quality Factor ETF Price Performance

Shares of BATS:SEIQ opened at $37.67 on Friday. The stock has a market cap of $339.02 million, a price-to-earnings ratio of 26.58 and a beta of 0.83. The company has a 50 day moving average of $38.34 and a 200-day moving average of $37.19. SEI Enhanced U.S. Large Cap Quality Factor ETF has a one year low of $30.97 and a one year high of $37.65.

SEI Enhanced U.S. Large Cap Quality Factor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Friday, October 3rd were issued a dividend of $0.0708 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, October 3rd.

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

The SEI Large Cap Quality Factor ETF (SEIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks it perceives as high quality, based on various quality, profitability, and risk factors. SEIQ was launched on May 18, 2022 and is managed by SEI.