SoFi Enhanced Yield ETF (NYSEARCA:THTA) is Optivise Advisory Services LLC’s 4th Largest Position

Optivise Advisory Services LLC lifted its holdings in SoFi Enhanced Yield ETF (NYSEARCA:THTA) by 45.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 316,522 shares of the company’s stock after purchasing an additional 98,272 shares during the quarter. SoFi Enhanced Yield ETF comprises about 3.3% of Optivise Advisory Services LLC’s portfolio, making the stock its 4th biggest position. Optivise Advisory Services LLC owned approximately 0.37% of SoFi Enhanced Yield ETF worth $6,052,000 at the end of the most recent quarter.

Separately, Concurrent Investment Advisors LLC acquired a new position in SoFi Enhanced Yield ETF during the 4th quarter valued at approximately $2,523,000.

SoFi Enhanced Yield ETF Trading Up 0.5 %

NYSEARCA THTA opened at $14.71 on Monday. SoFi Enhanced Yield ETF has a 12-month low of $12.30 and a 12-month high of $20.49. The company has a fifty day simple moving average of $17.78 and a two-hundred day simple moving average of $18.61. The stock has a market cap of $37.95 million and a P/E ratio of 20.24.

SoFi Enhanced Yield ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 17th were paid a $0.1845 dividend. The ex-dividend date of this dividend was Monday, March 17th.

SoFi Enhanced Yield ETF Company Profile

The SoFi Enhanced Yield ETF (THTA) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund that invests in US government securities combined with a credit spread option strategy. The funds goal is to generate monthly income, and pursue risk-adjusted returns, independent of trends in the equity and bond markets THTA was launched on Nov 15, 2023 and is issued by SoFi.