SoFi Select 500 ETF (NYSEARCA:SFY) Sets New 52-Week High at $18.61

SoFi Select 500 ETF (NYSEARCA:SFY)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $18.61 and last traded at $18.61, with a volume of 12958 shares changing hands. The stock had previously closed at $18.59.

SoFi Select 500 ETF Price Performance

The stock has a market capitalization of $605.76 million, a PE ratio of 18.78 and a beta of 1.02. The business’s fifty day moving average price is $17.83 and its two-hundred day moving average price is $16.63.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. UBS Group AG increased its position in shares of SoFi Select 500 ETF by 45.4% during the fourth quarter. UBS Group AG now owns 2,983 shares of the company’s stock worth $40,000 after purchasing an additional 931 shares in the last quarter. Raymond James & Associates boosted its position in SoFi Select 500 ETF by 10.7% during the third quarter. Raymond James & Associates now owns 12,623 shares of the company’s stock worth $193,000 after purchasing an additional 1,224 shares in the last quarter. FMR LLC increased its stake in shares of SoFi Select 500 ETF by 78.6% during the 3rd quarter. FMR LLC now owns 3,576 shares of the company’s stock worth $55,000 after purchasing an additional 1,574 shares in the last quarter. Wells Fargo & Company MN purchased a new stake in SoFi Select 500 ETF in the 2nd quarter worth approximately $67,000. Finally, Assetmark Inc. purchased a new position in shares of SoFi Select 500 ETF during the 3rd quarter worth about $141,000.

SoFi Select 500 ETF Company 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.