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A smart beta exchange traded fund, the SoFi Select 500 ETF (SFY) debuted on 04/11/2019, and offers broad exposure to the Style Box - Large Cap Growth category of the market.

SoFi Select 500 ETF (NYSEARCA:SFY - Get Free Report) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 26,514 shares, a growth of 104.2% from the December 15th total of 12,982 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an

The SoFi Select 500 ETF (SFY) was launched on April 11, 2019, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.

SFY is comprised of 500 U.S. large-cap securities selected and weighted based on their market caps and growth scores. Its expense ratio is 0.05% and the ETF has $558M in assets. SFY distinguishes itself from its peers by relying only on a short one-year growth window (both forward and backward looking) to evaluate a security's attractiveness. Companies with the highest short-term growth rates receive the largest…