Fisher Asset Management LLC Sells 13,407 Shares of SoFi Select 500 ETF (NYSEARCA:SFY)

Fisher Asset Management LLC reduced its position in shares of SoFi Select 500 ETF (NYSEARCA:SFY) by 80.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,347 shares of the company’s stock after selling 13,407 shares during the period. Fisher Asset Management LLC’s holdings in SoFi Select 500 ETF were worth $364,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Concurrent Investment Advisors LLC acquired a new position in shares of SoFi Select 500 ETF during the 4th quarter worth $3,690,000. Jane Street Group LLC bought a new position in shares of SoFi Select 500 ETF in the third quarter worth about $582,000. FMR LLC boosted its stake in shares of SoFi Select 500 ETF by 106.3% in the 3rd quarter. FMR LLC now owns 17,716 shares of the company’s stock valued at $368,000 after purchasing an additional 9,130 shares in the last quarter. Finally, Pathway Financial Advisers LLC bought a new stake in shares of SoFi Select 500 ETF during the 4th quarter valued at approximately $81,000.

SoFi Select 500 ETF Price Performance

Shares of NYSEARCA:SFY opened at $105.14 on Friday. The firm has a 50 day simple moving average of $110.86 and a 200 day simple moving average of $90.69. The company has a market cap of $494.16 million, a price-to-earnings ratio of 30.45 and a beta of 1.03. SoFi Select 500 ETF has a one year low of $87.90 and a one year high of $115.21.

SoFi Select 500 ETF Profile

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.