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

SEI Select International Equity ETF (NASDAQ:SEIE) shares saw strong trading volume on Friday . 80,413 shares were traded during mid-day 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 Performance

The firm has a 50-day moving average price of $32.62 and a two-hundred day moving average price of $31.07. The firm has a market cap of $965.72 million, a price-to-earnings ratio of 13.90 and a beta of 0.88.

SEI Select International Equity ETF Cuts Dividend

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

Hedge Funds Weigh In On SEI Select International Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Silver Oak Securities Incorporated acquired a new stake in shares of SEI Select International Equity ETF in the 4th quarter valued at approximately $158,000. CWM LLC boosted its position in SEI Select International Equity ETF by 1,631.5% during the third quarter. CWM LLC now owns 5,662 shares of the company’s stock worth $173,000 after acquiring an additional 5,335 shares during the last quarter. Calton & Associates Inc. acquired a new stake in SEI Select International Equity ETF in the 3rd quarter worth about $214,000. Csenge Advisory Group acquired a new position in shares of SEI Select International Equity ETF in the 3rd quarter valued at $219,000. Finally, Bright Futures Wealth Management LLC. purchased a new position in shares of 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.