Knights of Columbus Asset Advisors LLC added 68,518 shares of SoFi Technologies, Inc. (NASDAQ: SOFI) to its portfolio during the third quarter. The investment, valued at around $1.81 million, marks a new position in the company’s stock.
Other institutional investors have also adjusted their holdings in SoFi Technologies recently, reflecting ongoing interest in the company’s shares.
**Why this matters**
Institutional purchases like this can signal confidence in the company’s prospects and may influence market perception. Tracking changes in large investors’ positions helps provide insight into broader market trends and sentiment toward SoFi Technologies.
Source: NewsData