SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) Shares Sold by Truist Financial Corp

Truist Financial Corp reduced its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 6.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 244,290 shares of the company’s stock after selling 18,203 shares during the period. Truist Financial Corp owned approximately 1.68% of SEI Enhanced U.S. Large Cap Momentum Factor ETF worth $9,432,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Principal Securities Inc. grew its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 11.9% during the fourth quarter. Principal Securities Inc. now owns 10,394 shares of the company’s stock worth $401,000 after acquiring an additional 1,105 shares during the period. Stratos Wealth Partners LTD. acquired a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the fourth quarter worth about $1,099,000. Stewardship Advisors LLC grew its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 11.4% during the fourth quarter. Stewardship Advisors LLC now owns 12,207 shares of the company’s stock worth $471,000 after acquiring an additional 1,245 shares during the period. Geneos Wealth Management Inc. acquired a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the fourth quarter worth about $1,136,000. Finally, Lynx Investment Advisory boosted its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 4.3% in the 3rd quarter. Lynx Investment Advisory now owns 15,547 shares of the company’s stock valued at $562,000 after purchasing an additional 645 shares during the period.

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

BATS:SEIM opened at $39.45 on Friday. The firm has a market cap of $543.62 million, a price-to-earnings ratio of 27.41 and a beta of 1.05. The company has a fifty day moving average of $39.88 and a two-hundred day moving average of $37.73.

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.