SEI Select International Equity ETF (NASDAQ:SEIE) Sees Large Volume Increase – Should You Buy?

SEI Select International Equity ETF (NASDAQ:SEIE) shares saw an uptick in trading volume on Tuesday . 52,759 shares were traded during trading, a decline of 46% from the previous session’s volume of 97,622 shares.The stock last traded at $35.82 and had previously closed at $35.53.

SEI Select International Equity ETF Price Performance

The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 13.90 and a beta of 0.47. The business’s fifty day moving average price is $34.69 and its 200-day moving average price is $33.76.

SEI Select International Equity ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Monday, April 6th were issued a dividend of $0.2132 per share. This represents a $0.85 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Monday, April 6th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SEIE. Silver Oak Securities Incorporated acquired a new position in shares of SEI Select International Equity ETF during the fourth quarter valued at about $158,000. Moneco Advisors LLC acquired a new position in shares of SEI Select International Equity ETF during the fourth quarter valued at about $209,000. Calton & Associates Inc. acquired a new position in shares of SEI Select International Equity ETF during the third quarter valued at about $214,000. Cetera Investment Advisers acquired a new position in shares of SEI Select International Equity ETF during the first quarter valued at about $222,000. Finally, Bright Futures Wealth Management LLC. acquired a new position in shares of SEI Select International Equity ETF during the third quarter valued at about $258,000.

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.