SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 9,358 shares, an increase of 148.7% from the September 30th total of 3,763 shares. Based on an average daily volume of 40,771 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.
SEI Select Emerging Markets Equity ETF Stock Performance
Shares of NASDAQ SEEM opened at $35.63 on Friday. The company has a market cap of $634.29 million, a PE ratio of 11.47 and a beta of 0.82. SEI Select Emerging Markets Equity ETF has a fifty-two week low of $29.66 and a fifty-two week high of $41.79. The business has a 50-day simple moving average of $38.48 and a two-hundred day simple moving average of $37.04.
SEI Select Emerging Markets Equity ETF Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Monday, October 5th were paid a dividend of $0.1676 per share. This is a decrease from SEI Select Emerging Markets Equity ETF’s previous quarterly dividend of $0.2911. This represents a $0.67 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, October 5th.
Institutional Investors Weigh In On SEI Select Emerging Markets Equity ETF
Large investors have recently modified their holdings of the business. Farther Finance Advisors LLC acquired a new stake in SEI Select Emerging Markets Equity ETF in the 3rd quarter valued at about $32,000. Citadel Advisors LLC acquired a new position in shares of SEI Select Emerging Markets Equity ETF during the 2nd quarter worth approximately $264,000. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of SEI Select Emerging Markets Equity ETF during the 1st quarter worth approximately $279,000. Foundry Financial Group Inc. grew its position in shares of SEI Select Emerging Markets Equity ETF by 11.0% in the third quarter. Foundry Financial Group Inc. now owns 13,253 shares of the company’s stock valued at $514,000 after purchasing an additional 1,309 shares in the last quarter. Finally, Sei Investments Co. grew its position in shares of SEI Select Emerging Markets Equity ETF by 514.4% in the first quarter. Sei Investments Co. now owns 206,916 shares of the company’s stock valued at $6,776,000 after purchasing an additional 173,241 shares in the last quarter.
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.
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