SEI Select International Equity ETF (NASDAQ:SEIE) Sees Large Volume Increase – Should You Buy?

SEI Select International Equity ETF (NASDAQ:SEIE) shares saw unusually-strong trading volume on Monday . 310,129 shares traded hands during mid-day 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 Trading Up 0.0%

The stock has a market capitalization of $1.06 billion, a P/E ratio of 13.90 and a beta of 0.47. The company’s 50-day moving average is $34.97 and its two-hundred day moving average is $34.05.

SEI Select International Equity ETF Announces Dividend

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

Hedge Funds Weigh In On SEI Select International Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. grew its holdings in 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 worth $77,513,000 after buying an additional 2,248,650 shares in the last quarter. Summit Wealth Group LLC Co. bought a new stake in SEI Select International Equity ETF during the 4th quarter valued at $62,685,000. 3EDGE Asset Management LP bought a new stake in SEI Select International Equity ETF during the 4th quarter valued at $37,348,000. Sei Investments Co. acquired a new position in SEI Select International Equity ETF during the 1st quarter worth $5,698,000. Finally, Apella Capital LLC boosted its position in SEI Select International Equity ETF by 2.7% during the 4th 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.

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.