Meriwether Wealth & Planning LLC bought a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 58,321 shares of the company’s stock, valued at approximately $2,252,000. SEI Enhanced U.S. Large Cap Momentum Factor ETF comprises 1.6% of Meriwether Wealth & Planning LLC’s investment portfolio, making the stock its 10th largest holding.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. K2 Financial Inc. purchased a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 4th quarter worth approximately $3,016,000. Atria Wealth Solutions Inc. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter valued at $2,510,000. Compass Capital Corp MA ADV purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter valued at $1,446,000. Geneos Wealth Management Inc. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter valued at $1,136,000. Finally, Stratos Wealth Partners LTD. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter valued at $1,099,000.
SEI Enhanced U.S. Large Cap Momentum Factor ETF Price Performance
Shares of BATS SEIM opened at $36.96 on Monday. The company’s 50-day moving average is $39.63 and its two-hundred day moving average is $38.15. The stock has a market cap of $509.30 million, a PE ratio of 27.41 and a beta of 1.05.
SEI Enhanced U.S. Large Cap Momentum Factor ETF Company 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.
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Want to see what other hedge funds are holding SEIM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM – Free Report).
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