Raymond James & Associates Acquires 1,311 Shares of SoFi Select 500 ETF (NYSEARCA:SFY)

Raymond James & Associates raised its holdings in SoFi Select 500 ETF (NYSEARCA:SFY) by 13.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,399 shares of the company’s stock after buying an additional 1,311 shares during the period. Raymond James & Associates’ holdings in SoFi Select 500 ETF were worth $179,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SFY. UBS Group AG raised its stake in SoFi Select 500 ETF by 330.2% in the third quarter. UBS Group AG now owns 2,052 shares of the company’s stock valued at $26,000 after buying an additional 1,575 shares during the period. Goldman Sachs Group Inc. bought a new position in shares of SoFi Select 500 ETF during the second quarter worth approximately $151,000. Citadel Advisors LLC bought a new position in shares of SoFi Select 500 ETF during the third quarter worth approximately $169,000. Walleye Capital LLC bought a new position in shares of SoFi Select 500 ETF during the first quarter worth approximately $177,000. Finally, Royal Bank of Canada bought a new position in shares of SoFi Select 500 ETF during the first quarter worth approximately $186,000.

SoFi Select 500 ETF Trading Up 0.1 %

Shares of NYSEARCA SFY opened at $15.65 on Tuesday. The firm has a market cap of $509.41 million, a P/E ratio of 18.78 and a beta of 1.02. SoFi Select 500 ETF has a 1-year low of $13.04 and a 1-year high of $16.24. The business’s 50 day moving average is $15.42 and its 200-day moving average is $15.38.

About SoFi Select 500 ETF

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.