JPMorgan Chase & Co. Makes New Investment in SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM)

JPMorgan Chase & Co. bought a new stake in shares of SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,626 shares of the company’s stock, valued at approximately $38,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Petra Financial Advisors Inc. bought a new stake in shares of SEI Select Emerging Markets Equity ETF in the 4th quarter worth about $282,000. Diversified Enterprises LLC bought a new stake in SEI Select Emerging Markets Equity ETF in the fourth quarter valued at about $326,000. Lynx Investment Advisory acquired a new stake in SEI Select Emerging Markets Equity ETF during the fourth quarter valued at approximately $369,000. Patriot Financial Group Insurance Agency LLC bought a new position in SEI Select Emerging Markets Equity ETF during the 4th quarter worth approximately $459,000. Finally, Perigon Wealth Management LLC acquired a new position in shares of SEI Select Emerging Markets Equity ETF in the 4th quarter worth approximately $883,000.

SEI Select Emerging Markets Equity ETF Price Performance

SEEM stock opened at $25.23 on Thursday. The firm has a fifty day moving average price of $24.32 and a two-hundred day moving average price of $24.13. SEI Select Emerging Markets Equity ETF has a 1-year low of $21.28 and a 1-year high of $25.70. The firm has a market cap of $223.29 million and a price-to-earnings ratio of 10.72.

SEI Select Emerging Markets Equity ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Thursday, April 3rd were issued a dividend of $0.1445 per share. This represents a $0.58 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend was Thursday, April 3rd.

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.