Summit Wealth Group LLC Co. Makes New Investment in SEI Select Emerging Markets Equity ETF $SEEM

Summit Wealth Group LLC Co. bought 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 Form 13F filing with the Securities & Exchange Commission. The fund bought 792,544 shares of the company’s stock, valued at approximately $24,668,000. SEI Select Emerging Markets Equity ETF makes up about 3.3% of Summit Wealth Group LLC Co.’s portfolio, making the stock its 7th biggest position. Summit Wealth Group LLC Co. owned 0.06% of SEI Select Emerging Markets Equity ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Apella Capital LLC increased its stake in shares of SEI Select Emerging Markets Equity ETF by 1.7% in the fourth quarter. Apella Capital LLC now owns 52,848 shares of the company’s stock valued at $1,645,000 after buying an additional 886 shares during the period. BlueChip Wealth Advisors LLC acquired a new position in shares of SEI Select Emerging Markets Equity ETF in the third quarter valued at approximately $1,478,000. Merit Financial Group LLC increased its stake in shares of SEI Select Emerging Markets Equity ETF by 39.4% in the fourth quarter. Merit Financial Group LLC now owns 38,040 shares of the company’s stock valued at $1,184,000 after buying an additional 10,746 shares during the period. Binnacle Investments Inc increased its stake in shares of SEI Select Emerging Markets Equity ETF by 2.8% in the second quarter. Binnacle Investments Inc now owns 17,289 shares of the company’s stock valued at $476,000 after buying an additional 466 shares during the period. Finally, Sei Investments Co. acquired a new position in shares of SEI Select Emerging Markets Equity ETF in the third quarter valued at approximately $510,000.

SEI Select Emerging Markets Equity ETF Price Performance

SEI Select Emerging Markets Equity ETF stock opened at $38.22 on Wednesday. The business has a 50 day moving average of $34.76 and a 200-day moving average of $33.22. SEI Select Emerging Markets Equity ETF has a 1 year low of $25.60 and a 1 year high of $39.48. The company has a market capitalization of $564.51 million, a P/E ratio of 11.47 and a beta of 0.73.

SEI Select Emerging Markets Equity ETF Announces Dividend

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

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.