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

Posted by Cynthia Vaughn on Apr 19th, 2024

Shares of SoFi Weekly Income ETF (NYSEARCA:TGIF – Get Free Report) dropped 0% during mid-day trading on Wednesday . The company traded as low as $97.12 and last traded at $97.49. Approximately 3,300 shares were traded during mid-day trading, an increase of 43% from the average daily volume of 2,300 shares. The stock had previously closed at $97.53.

SoFi Weekly Income ETF Stock Down 0.0 %

The business’s 50 day simple moving average is $97.48 and its 200-day simple moving average is $96.71.

Hedge Funds Weigh In On SoFi Weekly Income ETF

A hedge fund recently raised its stake in SoFi Weekly Income ETF stock. Flow Traders U.S. LLC lifted its position in shares of SoFi Weekly Income ETF (NYSEARCA:TGIF – Free Report) by 136.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent reporting period.

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.