1,133,245 Shares in SEI Enhanced U.S. Large Cap Quality Factor ETF $SEIQ Bought by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. purchased a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,133,245 shares of the company’s stock, valued at approximately $44,117,000. SEI Enhanced U.S. Large Cap Quality Factor ETF accounts for about 5.9% of Summit Wealth Group LLC Co.’s holdings, making the stock its 4th largest position. Summit Wealth Group LLC Co. owned about 12.59% of SEI Enhanced U.S. Large Cap Quality Factor ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SEIQ. Binnacle Investments Inc increased its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 60.1% in the 2nd quarter. Binnacle Investments Inc now owns 3,403 shares of the company’s stock worth $127,000 after purchasing an additional 1,277 shares during the last quarter. Concurrent Investment Advisors LLC bought a new stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the 3rd quarter valued at about $238,000. Exencial Wealth Advisors LLC grew its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 36.0% during the 3rd quarter. Exencial Wealth Advisors LLC now owns 29,654 shares of the company’s stock valued at $1,147,000 after buying an additional 7,848 shares during the last quarter. Csenge Advisory Group grew its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 36.5% during the 3rd quarter. Csenge Advisory Group now owns 33,295 shares of the company’s stock valued at $1,288,000 after buying an additional 8,910 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 28.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 54,334 shares of the company’s stock valued at $2,095,000 after buying an additional 12,026 shares during the last quarter.

SEI Enhanced U.S. Large Cap Quality Factor ETF Stock Down 0.1%

Shares of BATS:SEIQ opened at $38.97 on Wednesday. SEI Enhanced U.S. Large Cap Quality Factor ETF has a fifty-two week low of $35.53 and a fifty-two week high of $41.13. The firm has a 50-day simple moving average of $37.73 and a 200 day simple moving average of $38.34. The company has a market cap of $350.73 million, a PE ratio of 26.58 and a beta of 0.83.

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.