Teamwork Financial Advisors LLC Cuts Position in SoFi Select 500 ETF (NYSEARCA:SFY)

Teamwork Financial Advisors LLC lowered its stake in shares of SoFi Select 500 ETF (NYSEARCA:SFY) by 80.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 26,475 shares of the company’s stock after selling 106,647 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in SoFi Select 500 ETF were worth $2,882,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in SFY. Fisher Asset Management LLC purchased a new position in shares of SoFi Select 500 ETF in the 3rd quarter valued at approximately $348,000. FMR LLC increased its stake in SoFi Select 500 ETF by 106.3% during the 3rd quarter. FMR LLC now owns 17,716 shares of the company’s stock valued at $368,000 after purchasing an additional 9,130 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of SoFi Select 500 ETF in the third quarter worth $582,000. Finally, Sofi Wealth LLC lifted its stake in shares of SoFi Select 500 ETF by 7.0% during the third quarter. Sofi Wealth LLC now owns 32,770,650 shares of the company’s stock worth $680,974,000 after buying an additional 2,135,524 shares during the period.

SoFi Select 500 ETF Price Performance

NYSEARCA SFY opened at $113.94 on Thursday. The company has a market cap of $4.61 billion, a price-to-earnings ratio of 24.94 and a beta of 1.07. The stock’s fifty day moving average price is $110.97 and its 200 day moving average price is $70.40. SoFi Select 500 ETF has a 1 year low of $85.65 and a 1 year high of $114.25.

About SoFi Select 500 ETF

The SoFi Select 500 ETF (SFY) is an exchange-traded fund that is based on the Solactive SoFi US 500 Growth index. The fund tracks a multi-factor-weighted index of US large-cap equities selected by market-cap. SFY was launched on Apr 11, 2019 and is managed by SoFi.