SEI Enhanced U.S. Large Cap Momentum Factor ETF $SEIM Shares Purchased by Truist Financial Corp

Truist Financial Corp boosted its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 15.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 254,388 shares of the company’s stock after buying an additional 33,696 shares during the period. Truist Financial Corp’s holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF were worth $11,549,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Stewardship Advisors LLC increased its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 39.2% during the third quarter. Stewardship Advisors LLC now owns 20,458 shares of the company’s stock valued at $929,000 after acquiring an additional 5,761 shares during the last quarter. WPG Advisers LLC boosted its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 19.1% during the 3rd quarter. WPG Advisers LLC now owns 4,678 shares of the company’s stock worth $212,000 after purchasing an additional 751 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 31.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 94,248 shares of the company’s stock valued at $4,254,000 after purchasing an additional 22,373 shares during the last quarter. Csenge Advisory Group raised its position in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 32.6% in the third quarter. Csenge Advisory Group now owns 58,809 shares of the company’s stock valued at $2,670,000 after purchasing an additional 14,462 shares during the period. Finally, Exencial Wealth Advisors LLC raised its position in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 31.1% in the third quarter. Exencial Wealth Advisors LLC now owns 52,272 shares of the company’s stock valued at $2,373,000 after purchasing an additional 12,395 shares during the period.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Trading Up 21.6%

SEIM opened at $47.44 on Friday. The stock’s 50-day moving average price is $46.65 and its 200 day moving average price is $45.14. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a 12-month low of $30.22 and a 12-month high of $42.91. The firm has a market cap of $736.73 million, a price-to-earnings ratio of 29.16 and a beta of 1.09.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were paid a dividend of $0.0628 per share. The ex-dividend date was Monday, December 29th. This represents a $0.25 annualized dividend and a yield of 0.5%. This is an increase from SEI Enhanced U.S. Large Cap Momentum Factor ETF’s previous quarterly dividend of $0.06.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Profile

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.