Illumine Investment Management LLC Purchases Shares of 141,075 Virtus Seix Senior Loan ETF (NYSEARCA:SEIX)

Illumine Investment Management LLC bought a new position in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 141,075 shares of the company’s stock, valued at approximately $3,376,000. Virtus Seix Senior Loan ETF accounts for 2.8% of Illumine Investment Management LLC’s holdings, making the stock its 7th biggest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. International Assets Investment Management LLC lifted its position in Virtus Seix Senior Loan ETF by 3,268.5% during the 3rd quarter. International Assets Investment Management LLC now owns 417,690 shares of the company’s stock valued at $9,941,000 after acquiring an additional 405,290 shares during the period. Ignite Planners LLC increased its stake in Virtus Seix Senior Loan ETF by 2.3% during the 4th quarter. Ignite Planners LLC now owns 282,194 shares of the company’s stock valued at $6,759,000 after purchasing an additional 6,260 shares in the last quarter. Foundations Investment Advisors LLC increased its stake in Virtus Seix Senior Loan ETF by 25.7% during the 4th quarter. Foundations Investment Advisors LLC now owns 234,312 shares of the company’s stock valued at $5,607,000 after purchasing an additional 47,934 shares in the last quarter. USAdvisors Wealth Management LLC bought a new stake in Virtus Seix Senior Loan ETF during the 4th quarter valued at about $3,159,000. Finally, Silver Oak Securities Incorporated bought a new stake in Virtus Seix Senior Loan ETF during the 4th quarter valued at about $1,769,000.

Virtus Seix Senior Loan ETF Stock Performance

NYSEARCA:SEIX opened at $23.86 on Friday. Virtus Seix Senior Loan ETF has a fifty-two week low of $23.68 and a fifty-two week high of $24.34. The firm has a 50-day simple moving average of $23.95 and a two-hundred day simple moving average of $23.92.

About Virtus Seix Senior Loan ETF

The Virtus Seix Senior Loan ETF (SEIX) is an exchange-traded fund that is based on the Credit Suisse Leveraged Loan index. The fund provides actively-managed exposure to noninvestment-grade, floating-rate loans made by banks to US corporations. SEIX was launched on Apr 24, 2019 and is managed by Virtus.