SEI Select International Equity ETF (NASDAQ:SEIE) Sees Strong Trading Volume – Here’s Why

SEI Select International Equity ETF (NASDAQ:SEIE) shares saw strong trading volume on Monday . 780,471 shares changed hands during trading, an increase of 291% from the previous session’s volume of 199,677 shares.The stock last traded at $26.99 and had previously closed at $26.92.

SEI Select International Equity ETF Trading Up 0.1 %

The business has a fifty day simple moving average of $26.04 and a 200 day simple moving average of $25.08. The stock has a market capitalization of $582.01 million and a P/E ratio of 14.32.

SEI Select International Equity ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Thursday, April 3rd were issued a dividend of $0.1496 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date was Thursday, April 3rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SEIE. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of SEI Select International Equity ETF during the fourth quarter valued at approximately $10,135,000. Compass Capital Corp MA ADV purchased a new stake in SEI Select International Equity ETF during the fourth quarter worth about $5,949,000. Jane Street Group LLC bought a new stake in SEI Select International Equity ETF in the fourth quarter worth about $2,989,000. Perigon Wealth Management LLC purchased a new position in SEI Select International Equity ETF in the fourth quarter valued at about $2,345,000. Finally, Patriot Financial Group Insurance Agency LLC bought a new position in shares of SEI Select International Equity ETF during the 4th quarter valued at approximately $1,182,000.

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.