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

Shares of SEI Select International Equity ETF (NASDAQ:SEIE) saw an uptick in trading volume on Wednesday . 302,762 shares traded 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 stock’s 50-day moving average price is $34.00 and its 200-day moving average price is $32.25. The company 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders 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 dividend yield of 1.3%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Silver Oak Securities Incorporated acquired a new position in shares of SEI Select International Equity ETF during the fourth quarter valued at about $158,000. CWM LLC lifted its stake in SEI Select International Equity ETF by 1,631.5% during the 3rd 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 position in SEI Select International Equity ETF during the 4th quarter worth $209,000. Calton & Associates Inc. bought a new stake in shares of SEI Select International Equity ETF in the 3rd quarter worth $214,000. Finally, Csenge Advisory Group purchased a new stake in shares of SEI Select International Equity ETF in the third quarter valued at about $219,000.

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.