SOFR Stock Summary and Trading Ideas (Amplify ETF Trust Amplify Samsung Sofr ETF | ARCA:SOFR)

SOFR is an actively managed ETF aimed to provide current monthly income and reduce risk exposure. SOFR seeks to closely replicate the performance of the Secured Overnight Financing Rate (SOFR), as published by the Federal Reserve Bank of New York. Seeks to provide investors with monthly income equal to the Secured Overnight Financing Rate (SOFR) after fees and expenses. Higher yield potential and total return advantage over cash portfolios with a minimal increase in duration risk by limiting yield curve exposure.

Amplify ETF Trust Amplify Samsung Sofr ETF trades on the ARCA stock market under the symbol SOFR.

As of October 4, 2024, SOFR stock price climbed to $100.32 with 2,780 million shares trading.

SOFR has a market cap of $242.77 million. This is considered a Small Cap stock.

SOFR support price is $100.20 and resistance is $100.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SOFR shares will trade within this expected range on the day.