792,544 Shares in SEI Select Emerging Markets Equity ETF $SEEM Purchased by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. acquired a new position in shares of SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 792,544 shares of the company’s stock, valued at approximately $24,668,000. SEI Select Emerging Markets Equity ETF accounts for 3.3% of Summit Wealth Group LLC Co.’s investment portfolio, making the stock its 7th biggest holding. Summit Wealth Group LLC Co. owned 6.46% of SEI Select Emerging Markets Equity ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Turning Point Benefit Group Inc. bought a new stake in SEI Select Emerging Markets Equity ETF during the third quarter worth about $73,000. CWM LLC lifted its position in SEI Select Emerging Markets Equity ETF by 1,695.6% during the third quarter. CWM LLC now owns 2,424 shares of the company’s stock worth $73,000 after purchasing an additional 2,289 shares during the period. ROSS JOHNSON & Associates LLC lifted its position in SEI Select Emerging Markets Equity ETF by 117.6% during the third quarter. ROSS JOHNSON & Associates LLC now owns 4,653 shares of the company’s stock worth $141,000 after purchasing an additional 2,515 shares during the period. United Advisor Group LLC lifted its position in SEI Select Emerging Markets Equity ETF by 21.8% during the fourth quarter. United Advisor Group LLC now owns 8,106 shares of the company’s stock worth $252,000 after purchasing an additional 1,451 shares during the period. Finally, Stewardship Advisors LLC bought a new stake in SEI Select Emerging Markets Equity ETF during the third quarter worth about $253,000.

SEI Select Emerging Markets Equity ETF Stock Down 2.9%

SEEM opened at $38.22 on Wednesday. SEI Select Emerging Markets Equity ETF has a twelve month low of $25.60 and a twelve month high of $39.48. The company has a 50-day simple moving average of $34.76 and a 200 day simple moving average of $33.22. The stock has a market capitalization of $564.51 million, a price-to-earnings ratio of 11.47 and a beta of 0.73.

SEI Select Emerging Markets Equity ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Monday, April 6th were given a dividend of $0.0985 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $0.39 annualized dividend and a yield of 1.0%.

SEI Select Emerging Markets Equity ETF Profile

The SEI Select Emerging Markets Equity ETF (SEEM) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking capital appreciation through investments in companies from emerging markets. The selection process integrates the advisers proprietary quantitative model with recommendations from one or more sub-advisers. SEEM was launched on Oct 10, 2024 and is issued by SEI.