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

SEI Select International Equity ETF (NASDAQ:SEIE) saw unusually-strong trading volume on Monday . Approximately 397,569 shares changed hands during mid-day trading, an increase of 289% from the previous session’s volume of 102,326 shares.The stock last traded at $35.95 and had previously closed at $35.21.

SEI Select International Equity ETF Trading Up 0.6%

The stock has a 50 day simple moving average of $35.32 and a 200-day simple moving average of $34.43. The firm has a market capitalization of $1.16 billion, a P/E ratio of 13.90 and a beta of 0.48.

SEI Select International Equity ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, July 6th were paid a dividend of $0.3615 per share. This represents a $1.45 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, July 6th.

Institutional Investors Weigh In On SEI Select International Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Summit Wealth Group LLC Co. purchased a new position in SEI Select International Equity ETF during the fourth quarter valued at $62,685,000. 3EDGE Asset Management LP bought a new position in shares of SEI Select International Equity ETF during the 4th quarter valued at approximately $37,348,000. Stark Wealth Management LLC purchased a new stake in SEI Select International Equity ETF in the 4th quarter worth approximately $2,134,000. Ameritas Advisory Services LLC purchased a new stake in SEI Select International Equity ETF in the 4th quarter worth approximately $740,000. Finally, Sei Investments Co. bought a new stake in SEI Select International Equity ETF during the 1st quarter worth approximately $5,698,000.

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.