Shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM – Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $53.97 and last traded at $53.97, with a volume of 39638 shares. The stock had previously closed at $53.69.
SEI Enhanced U.S. Large Cap Momentum Factor ETF Price Performance
The stock has a market cap of $838.78 million, a P/E ratio of 29.16 and a beta of 1.09. The business’s fifty day moving average price is $49.58 and its 200 day moving average price is $47.73.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Morton Brown Family Wealth LLC bought a new position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the fourth quarter worth about $44,000. Kestra Advisory Services LLC bought a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter valued at approximately $50,000. Bank of America Corp DE raised its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 183.8% in the 4th quarter. Bank of America Corp DE now owns 1,260 shares of the company’s stock valued at $49,000 after buying an additional 816 shares during the last quarter. Assetmark Inc. raised its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 23.2% in the 3rd quarter. Assetmark Inc. now owns 1,507 shares of the company’s stock valued at $68,000 after buying an additional 284 shares during the last quarter. Finally, Turning Point Benefit Group Inc. bought a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 3rd quarter valued at approximately $87,000.
About SEI Enhanced U.S. Large Cap Momentum Factor ETF
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.
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