Concurrent Investment Advisors LLC Invests $3.69 Million in SoFi Select 500 ETF (NYSEARCA:SFY)

Concurrent Investment Advisors LLC purchased a new stake in SoFi Select 500 ETF (NYSEARCA:SFY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 33,904 shares of the company’s stock, valued at approximately $3,690,000. Concurrent Investment Advisors LLC owned approximately 0.08% of SoFi Select 500 ETF at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Pathway Financial Advisers LLC bought a new stake in shares of SoFi Select 500 ETF during the fourth quarter worth $81,000. Fisher Asset Management LLC bought a new stake in SoFi Select 500 ETF during the 3rd quarter worth about $348,000. FMR LLC raised its holdings in SoFi Select 500 ETF by 106.3% during the 3rd quarter. FMR LLC now owns 17,716 shares of the company’s stock worth $368,000 after purchasing an additional 9,130 shares during the last quarter. Jane Street Group LLC acquired a new position in SoFi Select 500 ETF during the 3rd quarter valued at about $582,000. Finally, Sofi Wealth LLC boosted its stake in shares of 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 valued at $680,974,000 after purchasing an additional 2,135,524 shares during the last quarter.

SoFi Select 500 ETF Price Performance

SFY opened at $114.37 on Friday. The firm has a 50 day simple moving average of $111.57 and a 200 day simple moving average of $83.90. SoFi Select 500 ETF has a fifty-two week low of $87.40 and a fifty-two week high of $115.21. The company has a market cap of $4.63 billion, a price-to-earnings ratio of 24.94 and a beta of 1.07.

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.