3EDGE Asset Management LP Invests $23.73 Million in SEI Select Emerging Markets Equity ETF $SEEM

3EDGE Asset Management LP acquired a new stake in shares of SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 760,600 shares of the company’s stock, valued at approximately $23,733,000. SEI Select Emerging Markets Equity ETF accounts for approximately 1.2% of 3EDGE Asset Management LP’s holdings, making the stock its 26th biggest holding. 3EDGE Asset Management LP owned approximately 0.06% of SEI Select Emerging Markets Equity ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Turning Point Benefit Group Inc. bought a new position in SEI Select Emerging Markets Equity ETF in the third quarter worth about $73,000. CWM LLC lifted its holdings in shares of SEI Select Emerging Markets Equity ETF by 1,695.6% during the 3rd quarter. CWM LLC now owns 2,424 shares of the company’s stock valued at $73,000 after purchasing an additional 2,289 shares during the last quarter. ROSS JOHNSON & Associates LLC boosted its position in shares of SEI Select Emerging Markets Equity ETF by 117.6% in the 3rd 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 in the last quarter. United Advisor Group LLC boosted its position in shares of SEI Select Emerging Markets Equity ETF by 21.8% in 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. Finally, Stewardship Advisors LLC increased its holdings in shares of SEI Select Emerging Markets Equity ETF by 5.8% during the fourth quarter. Stewardship Advisors LLC now owns 8,867 shares of the company’s stock valued at $276,000 after acquiring an additional 483 shares in the last quarter.

SEI Select Emerging Markets Equity ETF Trading Down 1.1%

Shares of SEI Select Emerging Markets Equity ETF stock opened at $37.26 on Wednesday. The firm’s 50 day simple moving average is $35.18 and its two-hundred day simple moving average is $33.47. The firm has a market capitalization of $550.33 million, a price-to-earnings ratio of 11.47 and a beta of 0.73. SEI Select Emerging Markets Equity ETF has a 12-month low of $25.60 and a 12-month high of $39.48.

SEI Select Emerging Markets Equity ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Monday, April 6th were issued a dividend of $0.0985 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 1.1%.

SEI Select Emerging Markets Equity ETF 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.