SEI Select Emerging Markets Equity ETF to Issue Dividend of $0.29 (NASDAQ:SEEM)

SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) announced a dividend on Thursday, July 2nd, NASDAQ Dividends reports. Shareholders of record on Monday, July 6th will be paid a dividend of 0.2911 per share on Tuesday, July 7th. The ex-dividend date of this dividend is Monday, July 6th.

SEI Select Emerging Markets Equity ETF Price Performance

SEI Select Emerging Markets Equity ETF stock traded down $0.07 during mid-day trading on Friday, reaching $38.60. 50,000 shares of the company were exchanged, compared to its average volume of 67,340. The firm has a market cap of $593.67 million, a PE ratio of 11.47 and a beta of 0.76. The company has a fifty day simple moving average of $38.88 and a 200-day simple moving average of $35.45. SEI Select Emerging Markets Equity ETF has a 12 month low of $27.13 and a 12 month high of $41.79.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SEEM. Osaic Holdings Inc. lifted its position in shares of SEI Select Emerging Markets Equity ETF by 1,270.0% during the fourth quarter. Osaic Holdings Inc. now owns 993,806 shares of the company’s stock valued at $30,933,000 after purchasing an additional 921,267 shares in the last quarter. Summit Wealth Group LLC Co. bought a new position in SEI Select Emerging Markets Equity ETF in the 4th quarter valued at $24,668,000. 3EDGE Asset Management LP purchased a new stake in SEI Select Emerging Markets Equity ETF in the fourth quarter valued at approximately $23,733,000. Sei Investments Co. raised its position in SEI Select Emerging Markets Equity ETF by 514.4% during 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. Finally, Apella Capital LLC boosted 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 purchasing an additional 886 shares in the last quarter.

About SEI Select Emerging Markets Equity ETF

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.