SoFi Weekly Income ETF (NYSEARCA:TGIF) Shares Down 0% – Time to Sell?

Shares of SoFi Weekly Income ETF (NYSEARCA:TGIF) traded down 0% on Friday . The stock traded as low as $97.12 and last traded at $97.49. 3,300 shares traded hands during mid-day trading, an increase of 43% from the average session volume of 2,300 shares. The stock had previously closed at $97.53.

SoFi Weekly Income ETF Trading Down 0.0%

The firm has a 50-day simple moving average of $97.49 and a 200 day simple moving average of $97.49.

SoFi Weekly Income ETF Company Profile

The SoFi Weekly Income ETF (TGIF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is the first actively managed USD-denominated fixed income ETF aiming to provide weekly distributions to investors. TGIF was launched on Oct 1, 2020 and is managed by SoFi.