1,682,706 SEI Select International Equity ETF $SEIE Shares Bought by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. increased its stake in SEI Select International Equity ETF (NASDAQ:SEIE) by 63.0% in the 3rd quarter, Holdings Channel reports. The fund owned 4,354,778 shares of the company’s stock after buying an additional 1,682,706 shares during the quarter. SEI Select International Equity ETF comprises about 9.9% of Summit Wealth Group LLC Co.’s holdings, making the stock its 3rd largest position. Summit Wealth Group LLC Co. owned 0.12% of SEI Select International Equity ETF worth $155,858,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Sei Investments Co. bought a new position in SEI Select International Equity ETF in the first quarter valued at $5,698,000. Stewardship Advisors LLC raised its position in SEI Select International Equity ETF by 4.0% during the third quarter. Stewardship Advisors LLC now owns 21,274 shares of the company’s stock valued at $761,000 after purchasing an additional 828 shares in the last quarter. Independent Wealth Network Inc. bought a new stake in SEI Select International Equity ETF during the third quarter worth about $391,000. Cetera Investment Advisers bought a new stake in SEI Select International Equity ETF during the first quarter worth about $222,000. Finally, Farther Finance Advisors LLC bought a new stake in SEI Select International Equity ETF during the third quarter worth about $67,000.

SEI Select International Equity ETF Trading Up 0.5%

SEIE opened at $35.55 on Tuesday. The stock has a 50-day moving average price of $36.11 and a 200-day moving average price of $35.11. SEI Select International Equity ETF has a 12-month low of $30.20 and a 12-month high of $38.30. The stock has a market capitalization of $1.32 billion, a P/E ratio of 13.90 and a beta of 0.49.

SEI Select International Equity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Monday, October 5th were issued a dividend of $0.1534 per share. The ex-dividend date of this dividend was Monday, October 5th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.7%. This is a negative change from SEI Select International Equity ETF’s previous quarterly dividend of $0.3615.

About SEI Select International Equity ETF

The SEI Select International Equity ETF (SEIE) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking capital appreciation through investments in non-US companies from developed markets. The selection process integrates the advisers proprietary quantitative model with recommendations from one or more sub-advisers. SEIE was launched on Oct 10, 2024 and is issued by SEI.