(SEIM) SEI Exchange Traded Funds - Ratings and Ratios

The SEI Enhanced U.S. Large Cap Momentum Factor ETF (BATS:SEIM) is a passively managed exchange-traded fund that focuses on investing in equity and equity-related securities of large U.S. companies, typically allocating at least 80% of its net assets to this asset class. The funds strategy is centered around capturing momentum in the large-cap segment of the U.S. equity market.

By concentrating on large U.S. companies, the fund is likely to track a specific index that is designed to measure the performance of this particular segment, utilizing a rules-based methodology to select constituents based on momentum factors. This approach is grounded in the belief that stocks exhibiting high momentum are likely to continue outperforming in the near term.

Analyzing the available , we observe that the funds last price is $37.46, which is above its short-term (SMA20: $35.43) and medium-term (SMA50: $35.97) moving averages, indicating a positive trend. The long-term moving average (SMA200: $36.87) also supports this trend, suggesting that the fund has been in an uptrend over the past year. The Average True Range (ATR: 1.07 or 2.87%) indicates moderate volatility.

Combining the insights from and , we can infer that the fund has a substantial asset base (AUM: $574.29M USD), which is a positive indicator of its liquidity and investor interest. The funds price is currently between its 52-week high ($41.14) and low ($30.87), suggesting that it has the potential for further growth, assuming the uptrend continues.

Forecasting the funds performance based on the available data, we can anticipate that if the momentum factor continues to drive the funds underlying holdings, SEIM may continue its upward trend. However, its crucial to monitor the funds technical indicators and fundamental data closely, as any significant deviation from its current trend or a decline in investor interest could impact its performance. A potential target price could be near its 52-week high, assuming the current market conditions and momentum persist.