Truist Financial Corp Has $9.43 Million Holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM)

Truist Financial Corp cut its holdings in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) by 6.9% in the fourth quarter, HoldingsChannel reports. The fund owned 244,290 shares of the company’s stock after selling 18,203 shares during the quarter. Truist Financial Corp’s holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF were worth $9,432,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC boosted its position 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 worth $2,315,000 after acquiring an additional 7,098 shares during the period. Petra Financial Advisors Inc. boosted its position in 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 worth $1,131,000 after acquiring an additional 437 shares during the period. Geneos Wealth Management Inc. acquired a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter worth about $1,136,000. Stratos Wealth Partners LTD. acquired a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the 4th quarter worth about $1,099,000. Finally, Lynx Investment Advisory boosted its position in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 4.3% during the 3rd quarter. Lynx Investment Advisory now owns 15,547 shares of the company’s stock worth $562,000 after acquiring an additional 645 shares during the period.

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

SEIM opened at $39.45 on Friday. The business’s fifty day moving average price is $39.88 and its 200-day moving average price is $37.73. The stock has a market cap of $543.62 million, a P/E 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.