SoFi Select 500 ETF (NYSEARCA:SFY – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $153.43 and last traded at $153.43, with a volume of 1934 shares. The stock had previously closed at $152.12.
SoFi Select 500 ETF Stock Up 0.6%
The business has a fifty day moving average of $147.72 and a 200 day moving average of $139.08. The firm has a market cap of $688.37 million, a P/E ratio of -4.76 and a beta of 1.10.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Sofi Wealth LLC increased its stake in SoFi Select 500 ETF by 6.7% in 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. Marshall Wace LLP acquired a new position in shares of SoFi Select 500 ETF in the 2nd quarter valued at $499,000. JPMorgan Chase & Co. bought a new stake in shares of SoFi Select 500 ETF in the 3rd quarter valued at $478,000. Pathway Financial Advisers LLC raised its stake in SoFi Select 500 ETF by 9.1% during the 4th quarter. Pathway Financial Advisers LLC now owns 5,333 shares of the company’s stock worth $705,000 after buying an additional 447 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in SoFi Select 500 ETF during the 4th quarter worth $43,000. 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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