SoFi Weekly Income ETF (NYSEARCA:TGIF) Trading Down 0%

SoFi Weekly Income ETF (NYSEARCA:TGIFGet Free Report) shares fell 0% during trading on Wednesday . The company traded as low as $97.12 and last traded at $97.49. 3,300 shares were traded 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 Price Performance

The stock has a 50 day moving average price of $97.49 and a 200 day moving average price of $96.70.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SoFi Weekly Income ETF stock. Flow Traders U.S. LLC lifted its holdings in SoFi Weekly Income ETF (NYSEARCA:TGIFFree Report) by 136.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,279 shares of the company’s stock after purchasing an additional 18,046 shares during the quarter. Flow Traders U.S. LLC owned 14.22% of SoFi Weekly Income ETF worth $3,108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About SoFi Weekly Income ETF

(Get Free Report)

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.

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