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 April. As of April 30th, there was short interest totaling 1,640 shares, a drop of 85.9% from the April 15th total of 11,652 shares. Based on an average daily trading volume, of 56,077 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

SEI Select Emerging Markets Equity ETF Price Performance

SEEM stock traded down $1.47 during midday trading on Tuesday, reaching $37.88. 13,556 shares of the company were exchanged, compared to its average volume of 75,286. The business has a 50-day moving average price of $34.72 and a two-hundred day moving average price of $33.17. SEI Select Emerging Markets Equity ETF has a one year low of $25.60 and a one year high of $39.48. The firm has a market capitalization of $559.49 million, a price-to-earnings ratio of 11.47 and a beta of 0.73.

SEI Select Emerging Markets Equity ETF Announces Dividend

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

Hedge Funds Weigh In On SEI Select Emerging Markets Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CWM LLC boosted 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. Turning Point Benefit Group Inc. bought a new position in SEI Select Emerging Markets Equity ETF during the third quarter worth $73,000. Global Retirement Partners LLC bought a new position in SEI Select Emerging Markets Equity ETF during the fourth quarter worth $95,000. ROSS JOHNSON & Associates LLC boosted 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. Finally, United Advisor Group LLC boosted 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.

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.