Teamwork Financial Advisors LLC Sells 106,647 Shares of SoFi Select 500 ETF (NYSEARCA:SFY)

Teamwork Financial Advisors LLC reduced its stake in SoFi Select 500 ETF (NYSEARCA:SFY) by 80.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,475 shares of the company’s stock after selling 106,647 shares during the period. Teamwork Financial Advisors LLC owned 0.07% of SoFi Select 500 ETF worth $2,882,000 at the end of the most recent reporting period.

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

SoFi Select 500 ETF Price Performance

SFY stock opened at $113.94 on Thursday. SoFi Select 500 ETF has a 1-year low of $85.65 and a 1-year high of $114.25. The business has a 50-day moving average price of $110.97 and a 200 day moving average price of $70.40. The company has a market capitalization of $4.61 billion, a P/E ratio of 24.94 and a beta of 1.07.

SoFi Select 500 ETF Profile

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.