Stark Wealth Management LLC Makes New $819,000 Investment in SEI Enhanced U.S. Large Cap Value Factor ETF $SEIV

Stark Wealth Management LLC acquired a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 22,945 shares of the company’s stock, valued at approximately $819,000. SEI Enhanced U.S. Large Cap Value Factor ETF comprises 1.1% of Stark Wealth Management LLC’s holdings, making the stock its 21st largest holding.

Other hedge funds have also recently modified their holdings of the company. Lynx Investment Advisory grew its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 2.3% during the second quarter. Lynx Investment Advisory now owns 16,340 shares of the company’s stock valued at $583,000 after acquiring an additional 361 shares in the last quarter. Diversified Enterprises LLC boosted its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 15.9% during the 2nd quarter. Diversified Enterprises LLC now owns 22,852 shares of the company’s stock valued at $816,000 after purchasing an additional 3,129 shares during the last quarter. Whipplewood Advisors LLC grew its position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 1,297.9% during the second quarter. Whipplewood Advisors LLC now owns 8,527 shares of the company’s stock valued at $304,000 after purchasing an additional 7,917 shares in the last quarter. Accurate Wealth Management LLC bought a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the second quarter worth about $220,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 5.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 83,304 shares of the company’s stock worth $3,033,000 after purchasing an additional 3,961 shares during the last quarter.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 26.9%

Shares of SEI Enhanced U.S. Large Cap Value Factor ETF stock opened at $41.42 on Friday. The firm has a market cap of $724.76 million, a PE ratio of 13.06 and a beta of 1.03. The stock has a 50 day moving average of $39.67 and a 200 day moving average of $37.65. SEI Enhanced U.S. Large Cap Value Factor ETF has a 12 month low of $27.84 and a 12 month high of $37.60.

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

The firm also recently declared a quarterly dividend, which was paid on Monday, October 6th. Investors of record on Friday, October 3rd were given a $0.1348 dividend. This represents a $0.54 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, October 3rd.

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