SEI Select International Equity ETF (NASDAQ:SEIE) Hits New 1-Year High – Still a Buy?

SEI Select International Equity ETF (NASDAQ:SEIE) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $30.88 and last traded at $30.80, with a volume of 55995 shares changing hands. The stock had previously closed at $30.80.

SEI Select International Equity ETF Price Performance

The firm has a 50-day moving average price of $30.09 and a 200 day moving average price of $28.57. The firm has a market capitalization of $729.96 million and a PE ratio of 13.90.

SEI Select International Equity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 6th. Investors of record on Friday, October 3rd were issued a dividend of $0.122 per share. This represents a $0.49 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, October 3rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in SEIE. CENTRAL TRUST Co acquired a new position in shares of SEI Select International Equity ETF in the first quarter valued at approximately $101,000. ROSS JOHNSON & Associates LLC grew its stake in shares of SEI Select International Equity ETF by 947.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 3,895 shares of the company’s stock worth $102,000 after acquiring an additional 3,523 shares in the last quarter. Calton & Associates Inc. purchased a new stake in shares of SEI Select International Equity ETF during the first quarter worth $300,000. BlueChip Wealth Advisors LLC purchased a new stake in shares of SEI Select International Equity ETF during the second quarter worth $351,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of SEI Select International Equity ETF in the first quarter valued at $747,000.

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.