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

SEI Select International Equity ETF (NASDAQ:SEIE) shares saw unusually-high trading volume on Friday . Approximately 285,837 shares changed hands during mid-day trading, an increase of 361% from the previous session’s volume of 61,957 shares.The stock last traded at $30.31 and had previously closed at $30.22.

SEI Select International Equity ETF Price Performance

The stock has a market cap of $662.49 million and a PE ratio of 13.90. The stock has a 50-day simple moving average of $29.19 and a 200-day simple moving average of $27.50.

SEI Select International Equity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 8th. Shareholders of record on Monday, July 7th were given a $0.3654 dividend. This represents a $1.46 annualized dividend and a yield of 4.8%. This is a boost from SEI Select International Equity ETF’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Monday, July 7th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SEIE. Jane Street Group LLC boosted its position in SEI Select International Equity ETF by 240.9% in the 2nd quarter. Jane Street Group LLC now owns 54,776 shares of the company’s stock valued at $1,615,000 after buying an additional 38,710 shares during the last quarter. S&T Bank PA increased its position in shares of SEI Select International Equity ETF by 1,783.0% during the 2nd quarter. S&T Bank PA now owns 242,517 shares of the company’s stock valued at $7,148,000 after purchasing an additional 229,638 shares during the period. BlueChip Wealth Advisors LLC acquired a new position in shares of SEI Select International Equity ETF in the 2nd quarter worth $351,000. Lynx Investment Advisory lifted its stake in SEI Select International Equity ETF by 1.5% in the 2nd quarter. Lynx Investment Advisory now owns 42,640 shares of the company’s stock worth $1,257,000 after acquiring an additional 643 shares in the last quarter. Finally, Apeiron RIA LLC acquired a new stake in SEI Select International Equity ETF in the first quarter valued at approximately $8,445,000.

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.