Lynx Investment Advisory Makes New $239,000 Investment in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ)

Lynx Investment Advisory bought a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,234 shares of the company’s stock, valued at approximately $239,000. Lynx Investment Advisory owned 0.10% of SEI Enhanced U.S. Large Cap Quality Factor ETF at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Petra Financial Advisors Inc. boosted its stake in SEI Enhanced U.S. Large Cap Quality Factor ETF by 5.3% during the fourth quarter. Petra Financial Advisors Inc. now owns 8,718 shares of the company’s stock worth $265,000 after buying an additional 437 shares during the period. Csenge Advisory Group purchased a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the first quarter valued at approximately $564,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the first quarter valued at approximately $846,000. Sei Investments Co. purchased a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the first quarter valued at approximately $195,453,000. Finally, Perigon Wealth Management LLC purchased a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the first quarter valued at approximately $501,000.

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

Shares of BATS SEIQ traded up $0.20 during midday trading on Tuesday, hitting $32.22. The company’s stock had a trading volume of 13,418 shares. The company’s 50-day moving average price is $32.99 and its two-hundred day moving average price is $32.07. The stock has a market capitalization of $228.76 million, a price-to-earnings ratio of 27.12 and a beta of 0.91.

SEI Enhanced U.S. Large Cap Quality Factor ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 9th. Stockholders of record on Monday, July 8th were paid a $0.096 dividend. This is a positive change from SEI Enhanced U.S. Large Cap Quality Factor ETF’s previous dividend of $0.09. The ex-dividend date was Monday, July 8th.

SEI Enhanced U.S. Large Cap Quality Factor ETF Profile

The SEI Large Cap Quality Factor ETF (SEIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks it perceives as high quality, based on various quality, profitability, and risk factors. SEIQ was launched on May 18, 2022 and is managed by SEI.