SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) Short Interest Update

SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 9,341 shares, a drop of 35.7% from the June 30th total of 14,536 shares. Based on an average daily volume of 74,944 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On SEI Select Emerging Markets Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Binnacle Investments Inc raised its holdings in shares of SEI Select Emerging Markets Equity ETF by 2.8% in the 2nd quarter. Binnacle Investments Inc now owns 17,289 shares of the company’s stock worth $476,000 after acquiring an additional 466 shares during the last quarter. Sei Investments Co. acquired a new position in SEI Select Emerging Markets Equity ETF during the 3rd quarter valued at about $510,000. Turning Point Benefit Group Inc. acquired a new position in SEI Select Emerging Markets Equity ETF during the 3rd quarter valued at about $73,000. Apella Capital LLC increased its holdings in SEI Select Emerging Markets Equity ETF by 1.7% during the 4th quarter. Apella Capital LLC now owns 52,848 shares of the company’s stock worth $1,645,000 after purchasing an additional 886 shares in the last quarter. Finally, United Advisor Group LLC increased its holdings in SEI Select Emerging Markets Equity ETF by 21.8% during the 4th 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 in the last quarter.

SEI Select Emerging Markets Equity ETF Trading Up 0.6%

Shares of SEEM stock opened at $37.59 on Friday. The firm has a market capitalization of $603.32 million, a PE ratio of 11.47 and a beta of 0.76. The firm has a fifty day simple moving average of $38.96 and a two-hundred day simple moving average of $36.37. SEI Select Emerging Markets Equity ETF has a 12 month low of $27.31 and a 12 month high of $41.79.

SEI Select Emerging Markets Equity ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, July 6th were issued a dividend of $0.2911 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Monday, July 6th.

SEI Select Emerging Markets Equity ETF Company 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.