Yeomans Consulting Group Inc. Buys Shares of 367,435 SEI Enhanced U.S. Large Cap Momentum Factor ETF $SEIM

Yeomans Consulting Group Inc. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 367,435 shares of the company’s stock, valued at approximately $16,950,000. SEI Enhanced U.S. Large Cap Momentum Factor ETF accounts for 5.0% of Yeomans Consulting Group Inc.’s holdings, making the stock its 6th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE increased its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 183.8% in the fourth quarter. Bank of America Corp DE now owns 1,260 shares of the company’s stock worth $49,000 after purchasing an additional 816 shares in the last quarter. Assetmark Inc. raised its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 23.2% during the 3rd quarter. Assetmark Inc. now owns 1,507 shares of the company’s stock valued at $68,000 after purchasing an additional 284 shares during the period. Turning Point Benefit Group Inc. purchased a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 3rd quarter worth approximately $87,000. Larson Financial Group LLC bought a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 3rd quarter worth approximately $102,000. Finally, Park Avenue Securities LLC bought a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter worth approximately $201,000.

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

Shares of SEIM opened at $45.55 on Friday. The firm has a market cap of $707.39 million, a P/E ratio of 29.16 and a beta of 1.09. SEI Enhanced U.S. Large Cap Momentum Factor ETF has a 1 year low of $30.96 and a 1 year high of $48.94. The company has a 50 day simple moving average of $47.50 and a two-hundred day simple moving average of $46.16.

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. Shareholders of record on Monday, December 29th were issued a $0.0628 dividend. The ex-dividend date was Monday, December 29th. This represents a $0.25 dividend on an annualized basis and a yield of 0.6%. This is an increase from SEI Enhanced U.S. Large Cap Momentum Factor ETF’s previous quarterly dividend of $0.06.

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.