SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Hits New 1-Year High – Should You Buy?

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $47.68 and last traded at $47.54, with a volume of 53229 shares traded. The stock had previously closed at $47.46.

SEI Enhanced U.S. Large Cap Value Factor ETF Trading Up 0.2%

The stock has a fifty day moving average price of $43.70 and a 200-day moving average price of $42.39. The firm has a market capitalization of $831.95 million, a price-to-earnings ratio of 13.06 and a beta of 1.03.

Hedge Funds Weigh In On SEI Enhanced U.S. Large Cap Value Factor ETF

Hedge funds have recently modified their holdings of the stock. Assetmark Inc. raised its holdings in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 46.9% in the 3rd quarter. Assetmark Inc. now owns 1,009 shares of the company’s stock worth $39,000 after buying an additional 322 shares in the last quarter. Morton Brown Family Wealth LLC acquired a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF during the 4th quarter valued at $46,000. Kestra Advisory Services LLC acquired a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF during the 4th quarter valued at $50,000. Bank of America Corp DE increased its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% during the 4th quarter. Bank of America Corp DE now owns 1,410 shares of the company’s stock valued at $47,000 after purchasing an additional 936 shares in the last quarter. Finally, Turning Point Benefit Group Inc. acquired a new stake in SEI Enhanced U.S. Large Cap Value Factor ETF during the 3rd quarter valued at $84,000.

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