SoFi Select 500 ETF (NYSEARCA:SFY) Reaches New 52-Week High at $20.66

Posted by Logan Wallace on Jul 13th, 2024

SoFi Select 500 ETF (NYSEARCA:SFY – Get Free Report)’s share price reached a new 52-week high on Thursday . The company traded as high as $20.66 and last traded at $20.60, with a volume of 17704 shares traded. The stock had previously closed at $20.62.

SoFi Select 500 ETF Trading Up 0.5 %

The company has a market capitalization of $827.82 million, a PE ratio of 24.94 and a beta of 1.07. The stock’s 50-day moving average is $19.51 and its two-hundred day moving average is $18.37.

SoFi Select 500 ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Wednesday, June 26th were given a $0.1041 dividend. The ex-dividend date of this dividend was Wednesday, June 26th.

Institutional Trading of SoFi Select 500 ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tidal Investments LLC increased its position in shares of SoFi Select 500 ETF by 6.2% during the first quarter. Tidal Investments LLC now owns 52,475 shares of the company’s stock worth $978,000 after acquiring an additional 3,081 shares during the period. Sofi Wealth LLC increased its position in shares of SoFi Select 500 ETF by 6.4% during the first quarter. Sofi Wealth LLC now owns 29,264,149 shares of the company’s stock worth $545,191,000 after acquiring an additional 1,763,375 shares during the period. Centric Wealth Management purchased a new position in shares of SoFi Select 500 ETF during the fourth quarter worth approximately $780,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in shares of SoFi Select 500 ETF during the fourth quarter worth approximately $216,000.

About SoFi Select 500 ETF

(Get Free Report)

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.