SEI Select International Equity ETF (NASDAQ:SEIE) Stock Price Down 0.5% – Should You Sell?

SEI Select International Equity ETF (NASDAQ:SEIE)’s share price fell 0.5% during mid-day trading on Wednesday . The stock traded as low as $30.70 and last traded at $30.82. 62,534 shares traded hands during trading, a decline of 5% from the average session volume of 66,060 shares. The stock had previously closed at $30.96.

SEI Select International Equity ETF Stock Performance

The company has a market capitalization of $756.63 million, a price-to-earnings ratio of 13.90 and a beta of 0.88. The company has a 50-day moving average price of $30.37 and a 200-day moving average price of $29.17.

SEI Select International Equity ETF Cuts Dividend

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

Hedge Funds Weigh In On SEI Select International Equity ETF

Several institutional investors have recently modified their holdings of SEIE. Stewardship Advisors LLC acquired a new position in shares of SEI Select International Equity ETF in the 3rd quarter valued at approximately $570,000. Csenge Advisory Group acquired a new position in shares of SEI Select International Equity ETF in the 3rd quarter valued at approximately $219,000. Apella Capital LLC acquired a new position in shares of SEI Select International Equity ETF in the 3rd quarter valued at approximately $3,704,000. CWM LLC grew its position 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 valued at $173,000 after purchasing an additional 5,335 shares during the period. Finally, Stark Wealth Management LLC acquired a new position in shares of SEI Select International Equity ETF in the 2nd quarter valued at approximately $758,000.

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.