MONECO Advisors LLC Sells 576 Shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM)

MONECO Advisors LLC cut its position in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 9.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,217 shares of the company’s stock after selling 576 shares during the period. MONECO Advisors LLC’s holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF were worth $201,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Petra Financial Advisors Inc. grew its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.4% in the third quarter. Petra Financial Advisors Inc. now owns 31,318 shares of the company’s stock valued at $1,131,000 after buying an additional 437 shares in the last quarter. Lynx Investment Advisory grew its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 4.3% in the third quarter. Lynx Investment Advisory now owns 15,547 shares of the company’s stock valued at $562,000 after buying an additional 645 shares in the last quarter. Principal Securities Inc. grew its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 11.9% in the fourth quarter. Principal Securities Inc. now owns 10,394 shares of the company’s stock valued at $401,000 after buying an additional 1,105 shares in the last quarter. Stewardship Advisors LLC grew its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 11.4% in the fourth quarter. Stewardship Advisors LLC now owns 12,207 shares of the company’s stock valued at $471,000 after buying an additional 1,245 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 12.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 64,086 shares of the company’s stock valued at $2,315,000 after buying an additional 7,098 shares in the last quarter.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Stock Down 0.2 %

BATS:SEIM opened at $38.93 on Wednesday. The company has a market capitalization of $536.50 million, a PE ratio of 27.41 and a beta of 1.05. The firm has a fifty day moving average price of $39.84 and a two-hundred day moving average price of $37.91.

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.