SEI Select Small Cap ETF (NASDAQ:SEIS) Sees Unusually-High Trading Volume – Here’s What Happened

SEI Select Small Cap ETF (NASDAQ:SEIS) shares saw unusually-high trading volume on Monday. Approximately 126,973 shares were traded during trading, an increase of 150% from the previous session’s volume of 50,795 shares. The stock last traded at $31.09 and had previously closed at $31.43.

SEI Select Small Cap ETF Stock Up 0.8%

The firm has a market cap of $602.55 million, a price-to-earnings ratio of 17.49 and a beta of 1.17. The business has a 50 day moving average price of $32.16 and a 200-day moving average price of $31.78.

SEI Select Small Cap ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Monday, October 5th were issued a $0.0219 dividend. The ex-dividend date was Monday, October 5th. This represents a $0.09 dividend on an annualized basis and a yield of 0.3%. This is a drop from SEI Select Small Cap ETF’s previous quarterly dividend of $0.0245.

Institutional Trading of SEI Select Small Cap ETF

A hedge fund recently bought a new stake in SEI Select Small Cap ETF stock. Farther Finance Advisors LLC bought a new position in shares of SEI Select Small Cap ETF (NASDAQ:SEIS) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 955 shares of the company’s stock, valued at approximately $30,000.

About SEI Select Small Cap ETF

The SEI Select Small Cap ETF (SEIS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is actively managed, seeking capital appreciation through investments in small-cap US stocks. The selection process integrates the advisers proprietary quantitative model with recommendations from one or more sub-advisers. SEIS was launched on Jul 31, 2024 and is issued by SEI.