Centric Wealth Management Acquires 731 Shares of SoFi Select 500 ETF (NYSEARCA:SFY)

Centric Wealth Management grew its holdings in SoFi Select 500 ETF (NYSEARCA:SFY) by 8.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 9,685 shares of the company’s stock after purchasing an additional 731 shares during the quarter. Centric Wealth Management’s holdings in SoFi Select 500 ETF were worth $1,054,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SFY. Assetmark Inc. bought a new stake in SoFi Select 500 ETF in the fourth quarter worth $28,000. Concurrent Investment Advisors LLC acquired a new stake in shares of SoFi Select 500 ETF in the fourth quarter worth about $3,690,000. Pathway Financial Advisers LLC bought a new stake in shares of SoFi Select 500 ETF during the 4th quarter worth about $81,000. Jane Street Group LLC bought a new stake in shares of SoFi Select 500 ETF during the 3rd quarter worth about $582,000. Finally, FMR LLC increased its holdings 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 valued at $368,000 after acquiring an additional 9,130 shares during the last quarter.

SoFi Select 500 ETF Stock Performance

SFY opened at $101.92 on Tuesday. The business has a 50 day moving average price of $108.89 and a 200 day moving average price of $101.11. SoFi Select 500 ETF has a twelve month low of $87.90 and a twelve month high of $115.21. The firm has a market cap of $443.35 million, a P/E ratio of 27.18 and a beta of 1.03.

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.