SoFi Smart Energy ETF (NYSEARCA:SHFT) Trading Up 0.5%

SoFi Smart Energy ETF (NYSEARCA:SHFT) was up 0.5% during trading on Tuesday . The stock traded as high as $13.55 and last traded at $13.54. Approximately 1,028 shares traded hands during mid-day trading, an increase of 56% from the average daily volume of 659 shares. The stock had previously closed at $13.46.

SoFi Smart Energy ETF Price Performance

The firm’s 50 day moving average is $15.43 and its 200 day moving average is $15.55. The company has a market capitalization of $2.03 million, a PE ratio of 12.86 and a beta of 1.48.

Hedge Funds Weigh In On SoFi Smart Energy ETF

A hedge fund recently raised its stake in SoFi Smart Energy ETF stock. UBS Group AG boosted its position in shares of SoFi Smart Energy ETF (NYSEARCA:SHFT) by 16,300.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,788 shares of the company’s stock after acquiring an additional 2,771 shares during the period. UBS Group AG owned 2.14% of SoFi Smart Energy ETF worth $41,000 at the end of the most recent quarter.

About SoFi Smart Energy ETF

The SoFi Smart Energy ETF (ENRG) is an exchange-traded fund that is based on the iClima Distributed Renewable Energy index. The fund tracks an equal-weighted index of global companies of any market size that enable the practice of distributed energy generation. ENRG was launched on Aug 9, 2022 and is managed by SoFi.