Ignite Planners LLC Increases Stake in Virtus Seix Senior Loan ETF $SEIX

Ignite Planners LLC raised its holdings in shares of Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) by 7.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 342,937 shares of the company’s stock after purchasing an additional 23,364 shares during the quarter. Virtus Seix Senior Loan ETF comprises about 1.2% of Ignite Planners LLC’s holdings, making the stock its 12th biggest position. Ignite Planners LLC’s holdings in Virtus Seix Senior Loan ETF were worth $8,145,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SEIX. Envestnet Asset Management Inc. boosted its position in Virtus Seix Senior Loan ETF by 455.8% during the first quarter. Envestnet Asset Management Inc. now owns 387,091 shares of the company’s stock worth $9,139,000 after acquiring an additional 317,445 shares during the last quarter. LPL Financial LLC lifted its stake in Virtus Seix Senior Loan ETF by 669.8% in the 1st quarter. LPL Financial LLC now owns 73,750 shares of the company’s stock worth $1,741,000 after purchasing an additional 64,170 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of Virtus Seix Senior Loan ETF by 113.2% in the first quarter. Kestra Private Wealth Services LLC now owns 99,280 shares of the company’s stock valued at $2,344,000 after purchasing an additional 52,709 shares during the last quarter. Perigon Wealth Management LLC purchased a new position in Virtus Seix Senior Loan ETF during the second quarter worth approximately $1,002,000. Finally, AdvisorNet Financial Inc boosted its stake in Virtus Seix Senior Loan ETF by 37.6% during the second quarter. AdvisorNet Financial Inc now owns 138,904 shares of the company’s stock worth $3,273,000 after buying an additional 37,956 shares during the last quarter.

Virtus Seix Senior Loan ETF Stock Performance

Shares of NYSEARCA:SEIX opened at $23.45 on Friday. Virtus Seix Senior Loan ETF has a 52-week low of $22.97 and a 52-week high of $24.12. The business has a fifty day moving average of $23.54 and a two-hundred day moving average of $23.56.

Virtus Seix Senior Loan ETF Company Profile

The Virtus Seix Senior Loan ETF (SEIX) is an exchange-traded fund that is based on the Credit Suisse Leveraged Loan index. The fund provides actively-managed exposure to noninvestment-grade, floating-rate loans made by banks to US corporations. SEIX was launched on Apr 24, 2019 and is managed by Virtus.