- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1 Freedom Valley Drive Oaks PA United States of America 19456
- IPO Date
- May 19, 2022
- Business
- SEI Enhanced U.S. Large Cap Quality Factor ETF (SEIQ) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in U.S. common stocks of large-capitalization companies exhibiting superior quality characteristics, as determined by SEI Investments Management Corporation (SIMC). The fund employs a quantitative-based active stock selection strategy combined with portfolio optimization, evaluating securities across quality, profitability, and risk factors including profit margins, return on assets, balance sheet leverage, and accruals; it builds portfolios with primary exposure to high-quality equities while managing secondary exposures to momentum, value, and low volatility factors. SEIQ holds approximately 63-65 securities diversified across sectors such as technology, consumer cyclical, consumer defensive, industrials, healthcare, and communication services, with top holdings including Apple Inc., Microsoft Corp., NVIDIA Corp., Alphabet Inc., and Meta Platforms Inc.; it features a net expense ratio of 0.15%, quarterly dividend payouts, and assets under management exceeding $380 million as of late 2025.
Launched on May 18, 2022, as part of SEI Investments Company's (SEI) inaugural suite of four enhanced factor-based ETFs—including SEIV, SEIG, and SEIW—SEIQ represents SEI's entry into the actively managed ETF market to deliver proprietary factor strategies supporting goals-based wealth management. SEI, founded in 1968 and headquartered in Oaks, Pennsylvania, manages, advises, or administers approximately $1.6 trillion in assets through subsidiaries like SIMC (investment adviser) and SEI Investments Distribution Co. (distributor), with global operations spanning North America, Europe, Asia, and Africa. The ETF targets investors seeking large blend exposure via a buy-and-hold quality strategy focused on stable profitability and high barriers to entry within the U.S. large-cap equity segment.
In recent developments, SEI has aggressively expanded its ETF offerings, converting mutual funds such as the SIMT Liquid Alternative Fund into the SEI DBi Multi-Strategy Alternative ETF (QALT) in September 2025 to enhance investor access to alternatives and committing to further launches over the next 12-18 months. Additionally, SEI announced a strategic investment and business partnership with Stratos Wealth Holdings in July 2025, completing the first phase of a approximately $527 million acquisition in December 2025 to bolster advisor support, wealth platforms, and growth in independent advisory networks across 26 U.S. states. These moves align with SEI's broader platform enhancements, including 17 new fund managers added to SEI Access for private markets expansion and migrations of over $41 billion in assets, reinforcing its position in investment processing, operations, and asset management.