SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) Short Interest Down 42.5% in June

SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 14,536 shares, a drop of 42.5% from the June 15th total of 25,270 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 59,065 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On SEI Select Emerging Markets Equity ETF

A number of institutional investors have recently modified their holdings of SEEM. Turning Point Benefit Group Inc. acquired a new stake in SEI Select Emerging Markets Equity ETF during the third quarter worth approximately $73,000. Global Retirement Partners LLC acquired a new position in SEI Select Emerging Markets Equity ETF in the 4th quarter valued at $95,000. United Advisor Group LLC raised its holdings in 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 valued at $252,000 after acquiring an additional 1,451 shares during the last quarter. Stewardship Advisors LLC lifted its stake in shares of SEI Select Emerging Markets Equity ETF by 5.8% during the 4th quarter. Stewardship Advisors LLC now owns 8,867 shares of the company’s stock worth $276,000 after purchasing an additional 483 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC purchased a new position in shares of SEI Select Emerging Markets Equity ETF during the 1st quarter worth $279,000.

SEI Select Emerging Markets Equity ETF Stock Performance

SEI Select Emerging Markets Equity ETF stock traded down $0.47 during midday trading on Friday, reaching $37.22. 22,108 shares of the company were exchanged, compared to its average volume of 67,705. The firm’s 50-day simple moving average is $39.14 and its 200-day simple moving average is $35.99. SEI Select Emerging Markets Equity ETF has a 1 year low of $27.31 and a 1 year high of $41.79. The company has a market capitalization of $588.82 million, a price-to-earnings ratio of 11.47 and a beta of 0.76.

SEI Select Emerging Markets Equity ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, July 6th were paid a dividend of $0.2911 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Monday, July 6th.

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.