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

SEI Select International Equity ETF (NASDAQ:SEIE) saw strong trading volume on Wednesday . 302,762 shares changed hands during mid-day trading, an increase of 192% from the previous session’s volume of 103,742 shares.The stock last traded at $32.67 and had previously closed at $32.11.

SEI Select International Equity ETF Trading Up 1.7%

The company’s 50-day simple moving average is $34.00 and its 200 day simple moving average is $32.25. The stock has a market cap of $898.15 million, a P/E ratio of 13.90 and a beta of 0.88.

SEI Select International Equity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 29th were paid a $0.1091 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Monday, December 29th.

Hedge Funds Weigh In On SEI Select International Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC increased its holdings in SEI Select International Equity ETF by 240.9% during the second quarter. Jane Street Group LLC now owns 54,776 shares of the company’s stock worth $1,615,000 after buying an additional 38,710 shares during the last quarter. Stark Wealth Management LLC purchased a new stake in shares of SEI Select International Equity ETF during the 2nd quarter worth approximately $758,000. CWM LLC raised its holdings in shares of SEI Select International Equity ETF by 1,631.5% in the 3rd quarter. CWM LLC now owns 5,662 shares of the company’s stock worth $173,000 after purchasing an additional 5,335 shares during the period. Apella Capital LLC purchased a new position in SEI Select International Equity ETF in the third quarter valued at approximately $3,704,000. Finally, Csenge Advisory Group bought a new position in SEI Select International Equity ETF during 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.