SEI Launches Three Active ETFs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 10 2024
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Source: Newsfilter
Launch of New ETFs: SEI has introduced three active exchange-traded funds (ETFs) to enhance its large cap strategies, providing investors with diversified solutions across core equity asset classes, including small cap, international, and emerging markets.
Integrated Management Approach: The new ETFs utilize a hybrid investment strategy that combines SEI's quantitative models with high-conviction portfolios from third-party sub-advisors, aiming to improve investment outcomes, reduce volatility, and offer greater flexibility for financial advisors.
Analyst Views on SEIC
Wall Street analysts forecast SEIC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SEIC is 109.75 USD with a low forecast of 102.00 USD and a high forecast of 120.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 85.970
Low
102.00
Averages
109.75
High
120.00
Current: 85.970
Low
102.00
Averages
109.75
High
120.00
About SEIC
SEI Investments Company is a global provider of financial technology, operations, and asset management services within the financial services industry. Its segments include Private Banks, Investment Advisors, Institutional Investors, Investment Managers, and Investments in New Businesses. Its Investment Managers segment provides an outsourced investment management operating platform to alternative and traditional asset managers, fund companies, and sovereign wealth funds. The Institutional Investors segment provides outsourced chief investment officer solutions, including investment management and administrative outsourcing platforms, to retirement plan sponsors, healthcare systems, higher education and other not-for-profit organizations worldwide. The Investment Advisors segment provides investment management and investment processing platforms to affluent investors through a network of independent registered investment advisors and other investment professionals in the United States.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
