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

Shares of SEI Select International Equity ETF (NASDAQ:SEIE) saw unusually-strong trading volume on Monday . Approximately 310,129 shares were traded during 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 0.6%

The company has a market cap of $1.06 billion, a price-to-earnings ratio of 13.90 and a beta of 0.47. The stock has a 50 day moving average price of $34.94 and a two-hundred day moving average price of $34.00.

SEI Select International Equity ETF Announces Dividend

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

Hedge Funds Weigh In On SEI Select International Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. grew its position in shares of SEI Select International Equity ETF by 1,677.9% during 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 during the period. Summit Wealth Group LLC Co. acquired a new stake in shares of SEI Select International Equity ETF in the 4th quarter valued at approximately $62,685,000. 3EDGE Asset Management LP acquired a new stake in shares of SEI Select International Equity ETF in the 4th quarter valued at approximately $37,348,000. Sei Investments Co. acquired a new stake in shares of SEI Select International Equity ETF in the 1st quarter valued at approximately $5,698,000. Finally, Stark Wealth Management LLC bought a new position in SEI Select International Equity ETF during the 4th quarter worth approximately $2,134,000.

SEI Select International Equity ETF Company Profile

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.