SEI Select International Equity ETF (NASDAQ:SEIE) Trading Up 0.3% – Here’s Why

SEI Select International Equity ETF (NASDAQ:SEIE) shares shot up 0.3% during mid-day trading on Tuesday . The company traded as high as $33.21 and last traded at $32.97. 74,736 shares changed hands during trading, a decline of 28% from the average session volume of 103,828 shares. The stock had previously closed at $32.87.

SEI Select International Equity ETF Trading Up 0.3%

The company has a 50-day simple moving average of $34.11 and a 200 day simple moving average of $32.17. The company has a market cap of $906.68 million, a P/E ratio of 13.90 and a beta of 0.88.

SEI Select International Equity ETF Cuts Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. lifted its holdings in SEI Select International Equity ETF by 1,677.9% during 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 in the last quarter. Summit Wealth Group LLC Co. bought a new position in SEI Select International Equity ETF in the 4th quarter worth about $62,685,000. 3EDGE Asset Management LP purchased a new position in shares of SEI Select International Equity ETF during the fourth quarter worth approximately $37,348,000. Apella Capital LLC increased its position in shares of SEI Select International Equity ETF by 2.7% during the fourth quarter. Apella Capital LLC now owns 125,200 shares of the company’s stock worth $4,073,000 after acquiring an additional 3,256 shares during the period. Finally, BlueChip Wealth Advisors LLC raised its stake in shares of SEI Select International Equity ETF by 904.4% during the third quarter. BlueChip Wealth Advisors LLC now owns 119,693 shares of the company’s stock valued at $3,651,000 after acquiring an additional 107,776 shares in the last quarter.

SEI Select International Equity ETF Company Profile

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.