SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) Shares Sold by Hart & Patterson Financial Group LLC

Hart & Patterson Financial Group LLC cut its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 10.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 212,007 shares of the company’s stock after selling 24,886 shares during the period. SEI Enhanced U.S. Large Cap Momentum Factor ETF comprises approximately 4.0% of Hart & Patterson Financial Group LLC’s holdings, making the stock its 5th biggest position. Hart & Patterson Financial Group LLC’s holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF were worth $8,186,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 12.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 64,086 shares of the company’s stock valued at $2,315,000 after acquiring an additional 7,098 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 2nd quarter worth $1,326,000. Petra Financial Advisors Inc. boosted its position in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.4% during the 3rd quarter. Petra Financial Advisors Inc. now owns 31,318 shares of the company’s stock valued at $1,131,000 after acquiring an additional 437 shares during the last quarter. Lynx Investment Advisory raised its stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 4.3% during the third quarter. Lynx Investment Advisory now owns 15,547 shares of the company’s stock worth $562,000 after purchasing an additional 645 shares during the period. Finally, Stewardship Advisors LLC purchased a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF in the 3rd quarter valued at approximately $396,000.

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

Shares of SEIM opened at $38.72 on Tuesday. The stock has a market cap of $561.44 million, a price-to-earnings ratio of 28.31 and a beta of 1.04. The firm has a 50-day moving average of $39.54 and a 200-day moving average of $36.33.

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.