Assetmark Inc. Buys New Stake in SoFi Select 500 ETF (NYSEARCA:SFY)

Assetmark Inc. bought a new stake in SoFi Select 500 ETF (NYSEARCA:SFY) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 254 shares of the company’s stock, valued at approximately $28,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC acquired a new stake in SoFi Select 500 ETF in the 4th quarter valued at approximately $81,000. Fisher Asset Management LLC acquired a new position in shares of SoFi Select 500 ETF in the third quarter worth $348,000. FMR LLC grew its stake 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 worth $368,000 after acquiring an additional 9,130 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of SoFi Select 500 ETF in the third quarter worth $582,000. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of SoFi Select 500 ETF in the fourth quarter worth $3,690,000.

SoFi Select 500 ETF Stock Up 2.6 %

NYSEARCA:SFY opened at $104.11 on Monday. The company has a fifty day simple moving average of $110.15 and a two-hundred day simple moving average of $94.58. The company has a market cap of $468.50 million, a price-to-earnings ratio of 26.79 and a beta of 1.03. SoFi Select 500 ETF has a 52 week low of $87.90 and a 52 week high of $115.21.

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.