Illumine Investment Management LLC Invests $3.38 Million in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX)

Illumine Investment Management LLC acquired a new stake in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 141,075 shares of the company’s stock, valued at approximately $3,376,000. Virtus Seix Senior Loan ETF comprises about 2.8% of Illumine Investment Management LLC’s portfolio, making the stock its 7th biggest holding. Illumine Investment Management LLC owned 2.61% of Virtus Seix Senior Loan ETF at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings in shares of Virtus Seix Senior Loan ETF by 3,268.5% during the third quarter. International Assets Investment Management LLC now owns 417,690 shares of the company’s stock worth $9,941,000 after purchasing an additional 405,290 shares during the period. USAdvisors Wealth Management LLC acquired a new position in Virtus Seix Senior Loan ETF in the fourth quarter valued at $3,159,000. Silver Oak Securities Incorporated acquired a new position in Virtus Seix Senior Loan ETF in the fourth quarter valued at $1,769,000. RDA Financial Network bought a new stake in Virtus Seix Senior Loan ETF in the fourth quarter valued at $1,356,000. Finally, Foundations Investment Advisors LLC increased its stake in Virtus Seix Senior Loan ETF by 25.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 234,312 shares of the company’s stock valued at $5,607,000 after purchasing an additional 47,934 shares in the last quarter.

Virtus Seix Senior Loan ETF Price Performance

SEIX opened at $23.86 on Friday. Virtus Seix Senior Loan ETF has a 1-year low of $23.68 and a 1-year high of $24.34. The company has a fifty day moving average price of $23.95 and a two-hundred day moving average price of $23.92.

Virtus Seix Senior Loan ETF Company Profile

The Virtus Seix Senior Loan ETF (SEIX) is an exchange-traded fund that is based on the Credit Suisse Leveraged Loan index. The fund provides actively-managed exposure to noninvestment-grade, floating-rate loans made by banks to US corporations. SEIX was launched on Apr 24, 2019 and is managed by Virtus.