SoFi Select 500 ETF (NYSEARCA:SFY) Sees Unusually-High Trading Volume

Shares of SoFi Select 500 ETF (NYSEARCA:SFY) saw unusually-high trading volume on Tuesday . Approximately 199,446 shares changed hands during mid-day trading, an increase of 4% from the previous session’s volume of 192,177 shares.The stock last traded at $17.91 and had previously closed at $17.98.

SoFi Select 500 ETF Stock Down 0.6 %

The business has a 50-day simple moving average of $18.15 and a two-hundred day simple moving average of $16.92. The stock has a market capitalization of $684.29 million, a P/E ratio of 23.95 and a beta of 1.06.

Institutional Trading of SoFi Select 500 ETF

Large investors have recently bought and sold shares of the stock. UBS Group AG grew its position in SoFi Select 500 ETF by 330.2% in the third quarter. UBS Group AG now owns 2,052 shares of the company’s stock valued at $26,000 after acquiring an additional 1,575 shares during the period. FMR LLC grew its holdings in shares of SoFi Select 500 ETF by 78.6% during the third quarter. FMR LLC now owns 3,576 shares of the company’s stock worth $55,000 after purchasing an additional 1,574 shares during the last quarter. Wells Fargo & Company MN bought a new stake in shares of SoFi Select 500 ETF during the second quarter worth $67,000. Assetmark Inc. bought a new stake in shares of SoFi Select 500 ETF during the third quarter worth $141,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of SoFi Select 500 ETF during the second quarter worth $151,000.

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.