SEI Select International Equity ETF (NASDAQ:SEIE) Sees Large Volume Increase – Should You Buy?

SEI Select International Equity ETF (NASDAQ:SEIE) saw unusually-strong trading volume on Wednesday . Approximately 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 Down 1.7%

The company has a market capitalization of $879.73 million, a P/E ratio of 13.90 and a beta of 0.88. The stock’s fifty day moving average is $33.96 and its 200 day moving average is $32.25.

Hedge Funds Weigh In On SEI Select International Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Silver Oak Securities Incorporated bought a new stake in shares of SEI Select International Equity ETF in the fourth quarter worth about $158,000. CWM LLC lifted its holdings in 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 buying an additional 5,335 shares during the period. Moneco Advisors LLC purchased a new stake in SEI Select International Equity ETF in the 4th quarter worth approximately $209,000. Calton & Associates Inc. bought a new stake in shares of SEI Select International Equity ETF in the 3rd quarter worth approximately $214,000. Finally, Csenge Advisory Group bought a new stake in shares of SEI Select International Equity ETF in the 3rd quarter worth approximately $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.