SEI Select International Equity ETF $SEIE Shares Bought by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. boosted its holdings in shares of SEI Select International Equity ETF (NASDAQ:SEIE) by 63.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,354,778 shares of the company’s stock after buying an additional 1,682,706 shares during the period. SEI Select International Equity ETF makes up about 9.9% of Summit Wealth Group LLC Co.’s holdings, making the stock its 3rd largest holding. Summit Wealth Group LLC Co. owned 11.74% of SEI Select International Equity ETF worth $155,858,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SEIE. Sei Investments Co. bought a new position in SEI Select International Equity ETF in the 1st quarter worth about $5,698,000. Stewardship Advisors LLC raised its holdings in shares of SEI Select International Equity ETF by 4.0% in the 3rd quarter. Stewardship Advisors LLC now owns 21,274 shares of the company’s stock valued at $761,000 after acquiring an additional 828 shares in the last quarter. Independent Wealth Network Inc. bought a new stake in shares of SEI Select International Equity ETF during the 3rd quarter valued at about $391,000. Cetera Investment Advisers bought a new stake in shares of SEI Select International Equity ETF during the 1st quarter valued at about $222,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of SEI Select International Equity ETF during the 3rd quarter valued at about $67,000.

SEI Select International Equity ETF Trading Up 0.5%

Shares of NASDAQ SEIE opened at $35.55 on Tuesday. SEI Select International Equity ETF has a 12 month low of $30.20 and a 12 month high of $38.30. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 13.90 and a beta of 0.49. The business has a 50-day moving average of $36.11 and a 200-day moving average of $35.11.

SEI Select International Equity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Monday, October 5th were paid a $0.1534 dividend. This is a decrease from SEI Select International Equity ETF’s previous quarterly dividend of $0.3615. This represents a $0.61 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Monday, October 5th.

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.