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

SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 14,536 shares, a drop of 42.5% from the June 15th total of 25,270 shares. Based on an average daily volume of 59,065 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On SEI Select Emerging Markets Equity ETF

A number of institutional investors have recently modified their holdings of the stock. Binnacle Investments Inc raised its stake in shares of SEI Select Emerging Markets Equity ETF by 2.8% during the second quarter. Binnacle Investments Inc now owns 17,289 shares of the company’s stock valued at $476,000 after acquiring an additional 466 shares in the last quarter. Sei Investments Co. purchased a new position in SEI Select Emerging Markets Equity ETF during the 3rd quarter worth $510,000. Turning Point Benefit Group Inc. bought a new stake in SEI Select Emerging Markets Equity ETF during the 3rd quarter valued at $73,000. Stewardship Advisors LLC raised its position in SEI Select Emerging Markets Equity ETF by 5.8% during the 4th quarter. Stewardship Advisors LLC now owns 8,867 shares of the company’s stock valued at $276,000 after purchasing an additional 483 shares in the last quarter. Finally, Apella Capital LLC lifted its holdings in shares of SEI Select Emerging Markets Equity ETF by 1.7% in the 4th quarter. Apella Capital LLC now owns 52,848 shares of the company’s stock worth $1,645,000 after buying an additional 886 shares during the period.

SEI Select Emerging Markets Equity ETF Price Performance

Shares of NASDAQ:SEEM traded down $0.75 on Thursday, hitting $37.69. 26,566 shares of the company’s stock were exchanged, compared to its average volume of 68,042. The stock has a market capitalization of $596.26 million, a price-to-earnings ratio of 11.47 and a beta of 0.76. SEI Select Emerging Markets Equity ETF has a 12 month low of $27.31 and a 12 month high of $41.79. The business’s 50 day simple moving average is $39.20 and its two-hundred day simple moving average is $35.94.

SEI Select Emerging Markets Equity ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, July 6th were paid a $0.2911 dividend. This represents a $1.16 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend 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.