SoFi Select 500 ETF (NYSEARCA:SFY) Reaches New 1-Year High at $20.66

SoFi Select 500 ETF (NYSEARCA:SFY) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $20.66 and last traded at $20.64, with a volume of 104774 shares. The stock had previously closed at $20.18.

SoFi Select 500 ETF Stock Performance

The firm has a market cap of $832.68 million, a P/E ratio of 24.94 and a beta of 1.07. The firm has a fifty day moving average of $19.80 and a 200-day moving average of $19.22.

Institutional Trading of SoFi Select 500 ETF

A hedge fund recently raised its stake in SoFi Select 500 ETF stock. Sofi Wealth LLC boosted its position in shares of SoFi Select 500 ETF (NYSEARCA:SFY) by 4.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,635,126 shares of the company’s stock after purchasing an additional 1,370,977 shares during the period. SoFi Select 500 ETF accounts for approximately 51.0% of Sofi Wealth LLC’s portfolio, making the stock its biggest position. Sofi Wealth LLC owned about 75.64% of SoFi Select 500 ETF worth $608,414,000 at the end of the most recent reporting period.

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.