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

Shares of SEI Select International Equity ETF (NASDAQ:SEIE) saw strong trading volume on Tuesday . 52,759 shares were traded during trading, a decline of 46% from the previous session’s volume of 97,622 shares.The stock last traded at $35.82 and had previously closed at $35.53.

SEI Select International Equity ETF Stock Up 0.5%

The firm has a market capitalization of $1.07 billion, a P/E ratio of 13.90 and a beta of 0.47. The company’s 50 day moving average is $34.69 and its 200-day moving average is $33.76.

SEI Select International Equity ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Monday, April 6th were paid a dividend of $0.2132 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $0.85 annualized dividend and a yield of 2.4%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SEIE. Silver Oak Securities Incorporated bought a new position in SEI Select International Equity ETF during the fourth quarter worth $158,000. Moneco Advisors LLC bought a new position in SEI Select International Equity ETF during the fourth quarter worth $209,000. Calton & Associates Inc. bought a new position in SEI Select International Equity ETF during the third quarter worth $214,000. Cetera Investment Advisers bought a new position in SEI Select International Equity ETF during the first quarter worth $222,000. Finally, Bright Futures Wealth Management LLC. bought a new position in SEI Select International Equity ETF during the third quarter worth $258,000.

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.