SEI Select International Equity ETF (NASDAQ:SEIE) Sees Strong Trading Volume – Time to Buy?

SEI Select International Equity ETF (NASDAQ:SEIE) saw unusually-high trading volume on Friday . Approximately 80,413 shares changed hands during trading, an increase of 2% from the previous session’s volume of 79,016 shares.The stock last traded at $33.93 and had previously closed at $33.92.

SEI Select International Equity ETF Stock Down 0.5%

The stock has a market capitalization of $968.43 million, a P/E ratio of 13.90 and a beta of 0.88. The business has a fifty day moving average price of $32.56 and a 200-day moving average price of $31.02.

SEI Select International Equity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 29th were issued a dividend of $0.1091 per share. This represents a $0.44 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Monday, December 29th.

Hedge Funds Weigh In On SEI Select International Equity ETF

Several institutional investors have recently bought and sold shares of SEIE. S&T Bank PA boosted its holdings in shares of SEI Select International Equity ETF by 1,783.0% during the 2nd quarter. S&T Bank PA now owns 242,517 shares of the company’s stock valued at $7,148,000 after purchasing an additional 229,638 shares during the last quarter. Apella Capital LLC bought a new stake in SEI Select International Equity ETF in the 3rd quarter worth approximately $3,704,000. Stewardship Advisors LLC purchased a new position in SEI Select International Equity ETF during the 3rd quarter valued at $570,000. Stark Wealth Management LLC purchased a new stake in SEI Select International Equity ETF in the second quarter worth $758,000. Finally, Bright Futures Wealth Management LLC. bought a new position in SEI Select International Equity ETF in the 3rd quarter worth 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.