Short Interest in SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) Drops By 85.9%

SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) was the recipient of a large drop in short interest in the month of 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. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 56,077 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On SEI Select Emerging Markets Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of SEEM. Osaic Holdings Inc. increased its stake in 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 worth $30,933,000 after purchasing an additional 921,267 shares during the period. Summit Wealth Group LLC Co. acquired a new stake in shares of SEI Select Emerging Markets Equity ETF during the fourth quarter worth about $24,668,000. 3EDGE Asset Management LP purchased a new position in shares of SEI Select Emerging Markets Equity ETF during the fourth quarter worth about $23,733,000. Sei Investments Co. increased its position in shares of 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 worth $6,776,000 after purchasing an additional 173,241 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 valued at $1,645,000 after purchasing an additional 886 shares during the last quarter.

SEI Select Emerging Markets Equity ETF Stock Up 0.2%

NASDAQ SEEM traded up $0.08 on Thursday, reaching $39.03. The stock had a trading volume of 23,609 shares, compared to its average volume of 74,467. The stock has a fifty day moving average price of $34.93 and a two-hundred day moving average price of $33.34. SEI Select Emerging Markets Equity ETF has a 12-month low of $25.60 and a 12-month high of $39.48. The firm has a market capitalization of $576.47 million, a price-to-earnings ratio of 11.47 and a beta of 0.73.

SEI Select Emerging Markets Equity ETF Dividend Announcement

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

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.