SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Reaches New 52-Week High – Should You Buy?

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $51.66 and last traded at $51.60, with a volume of 245964 shares. The stock had previously closed at $50.80.

SEI Enhanced U.S. Large Cap Value Factor ETF Stock Down 0.4%

The firm has a 50 day moving average of $49.55 and a 200 day moving average of $46.26. The firm has a market cap of $896.70 million, a PE ratio of 13.06 and a beta of 1.03.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SEIV. Bank of America Corp DE lifted its holdings in SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% during the fourth 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 during the last quarter. Kestra Advisory Services LLC bought a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the fourth quarter worth about $50,000. Turning Point Benefit Group Inc. purchased a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the third quarter worth about $84,000. Larson Financial Group LLC purchased a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the third quarter worth about $100,000. Finally, Silver Grove Financial Group Inc. bought a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the fourth quarter valued at approximately $111,000.

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

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.