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

SEI Select International Equity ETF (NASDAQ:SEIE) shares saw unusually-strong trading volume on Monday . 310,129 shares changed hands during trading, an increase of 214% from the previous session’s volume of 98,883 shares.The stock last traded at $35.34 and had previously closed at $35.22.

SEI Select International Equity ETF Stock Performance

The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 13.90 and a beta of 0.47. The firm’s 50-day simple moving average is $34.94 and its two-hundred day simple moving average is $34.00.

SEI Select International Equity ETF Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. increased its stake in shares of SEI Select International Equity ETF by 1,677.9% in the 4th quarter. Osaic Holdings Inc. now owns 2,382,667 shares of the company’s stock valued at $77,513,000 after buying an additional 2,248,650 shares during the period. Summit Wealth Group LLC Co. acquired a new position in SEI Select International Equity ETF in the fourth quarter valued at approximately $62,685,000. 3EDGE Asset Management LP acquired a new position in SEI Select International Equity ETF in the fourth quarter valued at approximately $37,348,000. Sei Investments Co. bought a new position in SEI Select International Equity ETF in the first quarter valued at approximately $5,698,000. Finally, Apella Capital LLC boosted its stake in SEI Select International Equity ETF by 2.7% in the fourth quarter. Apella Capital LLC now owns 125,200 shares of the company’s stock valued at $4,073,000 after acquiring an additional 3,256 shares during the last quarter.

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.