Shares of SoFi Select 500 ETF (NYSEARCA:SFY – Get Free Report) were up 0.2% on Wednesday . The stock traded as high as $147.55 and last traded at $147.55. 16,005 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 21,954 shares. The stock had previously closed at $147.31.
SoFi Select 500 ETF Stock Performance
The business’s fifty day simple moving average is $147.32 and its 200-day simple moving average is $137.43. The firm has a market capitalization of $673.47 million, a PE ratio of -4.66 and a beta of 1.10.
Hedge Funds Weigh In On SoFi Select 500 ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sofi Wealth LLC grew its position in shares of SoFi Select 500 ETF by 6.7% during the first quarter. Sofi Wealth LLC now owns 1,754,353 shares of the company’s stock valued at $218,978,000 after purchasing an additional 110,408 shares in the last quarter. Nova Wealth Management Inc. lifted its position in SoFi Select 500 ETF by 27.2% during the fourth quarter. Nova Wealth Management Inc. now owns 17,663 shares of the company’s stock valued at $2,334,000 after purchasing an additional 3,782 shares during the last quarter. Pathway Financial Advisers LLC lifted its position in SoFi Select 500 ETF by 9.1% during the fourth quarter. Pathway Financial Advisers LLC now owns 5,333 shares of the company’s stock valued at $705,000 after purchasing an additional 447 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of SoFi Select 500 ETF in the 2nd quarter worth $499,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of SoFi Select 500 ETF in the 3rd quarter worth $478,000. Institutional investors own 42.71% of the company’s stock.
About SoFi Select 500 ETF
The SoFi Select 500 ETF (SFY) is an exchange-traded fund that is based on the Solactive SoFi US 500 Growth index. The fund tracks a multi-factor-weighted index of US large-cap equities selected by market-cap. SFY was launched on Apr 11, 2019 and is managed by SoFi.
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