Geneos Wealth Management Inc. Invests $1.14 Million in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM)

Geneos Wealth Management Inc. acquired a new stake in SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,419 shares of the company’s stock, valued at approximately $1,136,000. Geneos Wealth Management Inc. owned about 0.20% of SEI Enhanced U.S. Large Cap Momentum Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Lynx Investment Advisory lifted its stake 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 last quarter. Petra Financial Advisors Inc. raised its holdings in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 1.4% in the 3rd quarter. Petra Financial Advisors Inc. now owns 31,318 shares of the company’s stock valued at $1,131,000 after buying an additional 437 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in SEI Enhanced U.S. Large Cap Momentum Factor ETF by 12.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 64,086 shares of the company’s stock valued at $2,315,000 after buying an additional 7,098 shares during the last quarter. Stewardship Advisors LLC purchased a new position in SEI Enhanced U.S. Large Cap Momentum Factor ETF during the third quarter worth about $396,000. Finally, NewEdge Advisors LLC acquired a new stake in shares of SEI Enhanced U.S. Large Cap Momentum Factor ETF during the second quarter valued at about $1,326,000.

SEI Enhanced U.S. Large Cap Momentum Factor ETF Stock Up 1.6 %

SEI Enhanced U.S. Large Cap Momentum Factor ETF stock opened at $39.63 on Tuesday. The stock has a market cap of $574.62 million, a P/E ratio of 28.31 and a beta of 1.04. The company has a 50-day moving average of $39.82 and a 200 day moving average of $36.79.

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