SoFi Select 500 ETF (NYSEARCA:SFY) Sets New 52-Week High – Here’s What Happened

SoFi Select 500 ETF (NYSEARCA:SFY) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $118.25 and last traded at $118.25, with a volume of 101 shares. The stock had previously closed at $112.63.

SoFi Select 500 ETF Trading Down 1.8 %

The company has a market cap of $4.48 billion, a PE ratio of 24.94 and a beta of 1.07. The business has a fifty day moving average of $110.35 and a 200-day moving average of $59.35.

Hedge Funds Weigh In On SoFi Select 500 ETF

A number of institutional investors have recently bought and sold shares of SFY. Sofi Wealth LLC increased its position in SoFi Select 500 ETF by 7.0% in the third quarter. Sofi Wealth LLC now owns 32,770,650 shares of the company’s stock worth $680,974,000 after buying an additional 2,135,524 shares in the last quarter. Fisher Asset Management LLC bought a new position in shares of SoFi Select 500 ETF during the 3rd quarter valued at approximately $348,000. FMR LLC increased its holdings in SoFi Select 500 ETF by 106.3% in the 3rd quarter. FMR LLC now owns 17,716 shares of the company’s stock worth $368,000 after acquiring an additional 9,130 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in SoFi Select 500 ETF during the 3rd quarter worth approximately $582,000.

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.