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

Shares of SEI Select International Equity ETF (NASDAQ:SEIE) saw strong trading volume on Monday. Approximately 212,260 shares were traded during trading, an increase of 95% from the previous session’s volume of 108,864 shares. The stock last traded at $35.5190 and had previously closed at $35.63.

SEI Select International Equity ETF Trading Down 0.4%

The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 13.90 and a beta of 0.49. The business has a 50-day moving average price of $36.46 and a two-hundred day moving average price of $35.56.

SEI Select International Equity ETF Cuts Dividend

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

Hedge Funds Weigh In On SEI Select International Equity ETF

Institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC bought a new position in SEI Select International Equity ETF in the 3rd quarter worth approximately $67,000. Cetera Investment Advisers bought a new stake in SEI Select International Equity ETF during the 1st quarter valued at $222,000. Apeiron RIA LLC raised its stake in SEI Select International Equity ETF by 29.9% during the 1st quarter. Apeiron RIA LLC now owns 10,289 shares of the company’s stock valued at $335,000 after acquiring an additional 2,366 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in SEI Select International Equity ETF by 90.9% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 20,394 shares of the company’s stock valued at $665,000 after acquiring an additional 9,713 shares in the last quarter. Finally, Sei Investments Co. acquired a new position in SEI Select International Equity ETF during the 1st quarter worth $5,698,000.

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.