Lynx Investment Advisory Acquires Shares of 7,234 SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ)

Lynx Investment Advisory acquired a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 7,234 shares of the company’s stock, valued at approximately $239,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SEIQ. Petra Financial Advisors Inc. raised its stake in SEI Enhanced U.S. Large Cap Quality Factor ETF by 5.3% in the fourth quarter. Petra Financial Advisors Inc. now owns 8,718 shares of the company’s stock valued at $265,000 after buying an additional 437 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF in the first quarter valued at approximately $846,000. MONECO Advisors LLC bought a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF in the first quarter valued at approximately $209,000. Perigon Wealth Management LLC bought a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF in the first quarter valued at approximately $501,000. Finally, Csenge Advisory Group bought a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF in the first quarter valued at approximately $564,000.

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

BATS:SEIQ traded up $0.20 on Tuesday, hitting $32.22. The company’s stock had a trading volume of 13,418 shares. The firm has a 50 day moving average of $32.99 and a two-hundred day moving average of $32.07. The company has a market cap 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 company also recently announced a dividend, which was paid on Tuesday, July 9th. Stockholders of record on Monday, July 8th were given a $0.096 dividend. This is an increase from SEI Enhanced U.S. Large Cap Quality Factor ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, July 8th.

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