SEI Select International Equity ETF (NASDAQ:SEIE) Sees Large Volume Increase – Here’s What Happened

SEI Select International Equity ETF (NASDAQ:SEIE) saw an uptick in trading volume on Thursday . 335,631 shares changed hands during mid-day trading, an increase of 207% from the previous session’s volume of 109,277 shares.The stock last traded at $35.0340 and had previously closed at $35.37.

SEI Select International Equity ETF Price Performance

The firm’s 50 day simple moving average is $33.27 and its two-hundred day simple moving average is $31.44. The firm has a market capitalization of $961.40 million, a P/E ratio of 13.90 and a beta of 0.88.

SEI Select International Equity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were issued a dividend of $0.1091 per share. The ex-dividend date was Monday, December 29th. This represents a $0.44 annualized dividend and a yield of 1.2%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Silver Oak Securities Incorporated purchased a new position in shares of SEI Select International Equity ETF in the fourth quarter valued at about $158,000. CWM LLC raised its holdings in shares of SEI Select International Equity ETF by 1,631.5% during the third quarter. CWM LLC now owns 5,662 shares of the company’s stock valued at $173,000 after acquiring an additional 5,335 shares in the last quarter. Moneco Advisors LLC purchased a new stake in SEI Select International Equity ETF in the fourth quarter worth $209,000. Calton & Associates Inc. bought a new stake in SEI Select International Equity ETF in the third quarter valued at $214,000. Finally, Csenge Advisory Group bought a new stake in SEI Select International Equity ETF in the third quarter valued at $219,000.

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.