SoFi Smart Energy ETF (NYSEARCA:SHFT) Stock Price Up 0.7%

SoFi Smart Energy ETF (NYSEARCA:SHFT)’s stock price shot up 0.7% during trading on Friday . The stock traded as high as $11.79 and last traded at $11.79. 838 shares were traded during mid-day trading, an increase of 27% from the average session volume of 659 shares. The stock had previously closed at $11.71.

SoFi Smart Energy ETF Trading Up 0.7 %

The firm has a market cap of $1.77 million, a P/E ratio of 12.86 and a beta of 1.48. The company’s fifty day moving average price is $12.41 and its two-hundred day moving average price is $14.39.

Institutional Trading of SoFi Smart Energy ETF

A hedge fund recently raised its stake in SoFi Smart Energy ETF stock. UBS Group AG boosted its holdings in shares of SoFi Smart Energy ETF (NYSEARCA:SHFT) by 16,300.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,788 shares of the company’s stock after purchasing an additional 2,771 shares during the period. UBS Group AG owned 2.14% of SoFi Smart Energy ETF worth $41,000 as of its most recent SEC filing.

SoFi Smart Energy ETF Company Profile

The SoFi Smart Energy ETF (ENRG) is an exchange-traded fund that is based on the iClima Distributed Renewable Energy index. The fund tracks an equal-weighted index of global companies of any market size that enable the practice of distributed energy generation. ENRG was launched on Aug 9, 2022 and is managed by SoFi.