Concurrent Investment Advisors LLC Buys Shares of 33,904 SoFi Select 500 ETF (NYSEARCA:SFY)

Concurrent Investment Advisors LLC bought a new position in SoFi Select 500 ETF (NYSEARCA:SFY) in the fourth quarter, Holdings Channel.com reports. The firm bought 33,904 shares of the company’s stock, valued at approximately $3,690,000.

Other hedge funds also recently made changes to their positions in the company. Pathway Financial Advisers LLC acquired a new position in SoFi Select 500 ETF during the 4th quarter worth approximately $81,000. Fisher Asset Management LLC bought a new stake in shares of SoFi Select 500 ETF during the third quarter worth $348,000. FMR LLC increased its holdings in shares of SoFi Select 500 ETF by 106.3% during the third quarter. FMR LLC now owns 17,716 shares of the company’s stock worth $368,000 after buying an additional 9,130 shares in the last quarter. Jane Street Group LLC bought a new position in shares of SoFi Select 500 ETF in the 3rd quarter valued at $582,000. Finally, Sofi Wealth LLC boosted 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 acquiring an additional 2,135,524 shares in the last quarter.

SoFi Select 500 ETF Stock Down 0.5 %

Shares of SFY stock opened at $114.37 on Friday. SoFi Select 500 ETF has a twelve month low of $87.40 and a twelve month high of $115.21. The stock’s fifty day simple moving average is $111.57 and its 200 day simple moving average is $83.90. The firm has a market capitalization of $4.63 billion, a P/E 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.