The SEI Investments Company has just announced the launch of their first four ETFs all in the same suite. The ETFs are: SEI Enhanced U.S. Large Cap Quality Factor ETF (SEIQ), the SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM), the SEI Enhanced U.S. Large Cap Value Factor ETF (SEIV), and the SEI Enhanced Low Volatility U.S. Large Cap ETF (SELV). All four ETFs will be actively managed and each of the four will track equity securities related to their factors.
ETF Newz Says:
With these four ETFs, SEI is looking to offer investors a factor-based investment strategy in a lower-cost vehicle.