Global Retirement Partners LLC Takes $3.08 Million Position in SEI Enhanced U.S. Large Cap Momentum Factor ETF $SEIM

Global Retirement Partners LLC purchased a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 66,800 shares of the company’s stock, valued at approximately $3,081,000. Global Retirement Partners LLC owned 0.43% of SEI Enhanced U.S. Large Cap Momentum Factor ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in SEIM. Sei Investments Co. raised its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 22.5% in the 3rd quarter. Sei Investments Co. now owns 13,151,647 shares of the company’s stock valued at $597,089,000 after acquiring an additional 2,415,116 shares during the period. Summit Wealth Group LLC Co. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter valued at approximately $88,433,000. Yeomans Consulting Group Inc. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter valued at approximately $16,950,000. FSA Advisors Inc. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter valued at approximately $5,296,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter valued at approximately $2,074,000.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Stock Performance

Shares of SEIM stock opened at $52.92 on Friday. The stock has a market capitalization of $821.85 million, a P/E ratio of 29.16 and a beta of 1.09. The company has a 50 day moving average price of $49.15 and a 200 day moving average price of $47.55. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a fifty-two week low of $38.55 and a fifty-two week high of $53.25.

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.