Pathway Financial Advisers LLC Invests $81,000 in SoFi Select 500 ETF (NYSEARCA:SFY)

Pathway Financial Advisers LLC purchased a new position in SoFi Select 500 ETF (NYSEARCA:SFY) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 748 shares of the company’s stock, valued at approximately $81,000.

Other institutional investors have also bought and sold shares of the company. Jane Street Group LLC bought a new position in SoFi Select 500 ETF during the third quarter worth about $582,000. FMR LLC raised its position in shares of SoFi Select 500 ETF by 106.3% in the third quarter. FMR LLC now owns 17,716 shares of the company’s stock valued at $368,000 after purchasing an additional 9,130 shares during the period. Fisher Asset Management LLC purchased a new stake in shares of SoFi Select 500 ETF during the 3rd quarter valued at approximately $348,000. Finally, Sofi Wealth LLC boosted its holdings in SoFi Select 500 ETF by 7.0% in the 3rd quarter. Sofi Wealth LLC now owns 32,770,650 shares of the company’s stock worth $680,974,000 after buying an additional 2,135,524 shares during the period.

SoFi Select 500 ETF Trading Up 1.2 %

SoFi Select 500 ETF stock opened at $114.33 on Friday. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 24.94 and a beta of 1.07. The firm has a 50 day simple moving average of $111.35 and a 200 day simple moving average of $80.35. SoFi Select 500 ETF has a 1-year low of $87.40 and a 1-year high of $114.93.

SoFi Select 500 ETF 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.