Tidal Investments LLC Lowers Stake in SoFi Select 500 ETF (NYSEARCA:SFY)

Tidal Investments LLC cut its stake in SoFi Select 500 ETF (NYSEARCA:SFY) by 4.9% during the third quarter, HoldingsChannel reports. The fund owned 49,523 shares of the company’s stock after selling 2,537 shares during the quarter. Tidal Investments LLC’s holdings in SoFi Select 500 ETF were worth $1,029,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. FMR LLC raised its stake in shares of SoFi Select 500 ETF by 106.3% during the 3rd quarter. FMR LLC now owns 17,716 shares of the company’s stock worth $368,000 after acquiring an additional 9,130 shares in the last quarter. Fisher Asset Management LLC purchased a new position in SoFi Select 500 ETF in the third quarter worth $348,000. Jane Street Group LLC acquired a new position in shares of SoFi Select 500 ETF during the third quarter worth $582,000. Finally, Sofi Wealth LLC lifted its holdings in shares of SoFi Select 500 ETF by 7.0% during the 3rd quarter. Sofi Wealth LLC now owns 32,770,650 shares of the company’s stock valued at $680,974,000 after purchasing an additional 2,135,524 shares during the last quarter.

SoFi Select 500 ETF Price Performance

SoFi Select 500 ETF stock opened at $108.75 on Friday. The business has a fifty day moving average price of $109.78 and a 200-day moving average price of $55.23. SoFi Select 500 ETF has a 1-year low of $83.00 and a 1-year high of $114.12. The stock has a market capitalization of $4.40 billion, a price-to-earnings ratio of 24.94 and a beta of 1.07.

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.