MFS Active Growth ETF $MFSG Shares Purchased by Royal Bank of Canada

Royal Bank of Canada increased its position in MFS Active Growth ETF (NYSEARCA:MFSG) by 26.6% in the first quarter, HoldingsChannel.com reports. The fund owned 252,914 shares of the company’s stock after buying an additional 53,158 shares during the period. Royal Bank of Canada’s holdings in MFS Active Growth ETF were worth $6,472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MFSG. Dickmeyer Boyce Financial Management Inc. purchased a new stake in MFS Active Growth ETF during the 1st quarter valued at about $428,000. Cetera Investment Advisers raised its stake in shares of MFS Active Growth ETF by 143.8% in the first quarter. Cetera Investment Advisers now owns 80,943 shares of the company’s stock worth $2,071,000 after purchasing an additional 47,736 shares during the last quarter. D.A. Davidson & CO. raised its stake in shares of MFS Active Growth ETF by 661.2% in the first quarter. D.A. Davidson & CO. now owns 68,188 shares of the company’s stock worth $1,745,000 after purchasing an additional 59,230 shares during the last quarter. Richmond Investment Services LLC acquired a new stake in shares of MFS Active Growth ETF during the first quarter worth about $269,000. Finally, Private Advisor Group LLC lifted its holdings in shares of MFS Active Growth ETF by 275.8% during the first quarter. Private Advisor Group LLC now owns 37,257 shares of the company’s stock worth $953,000 after purchasing an additional 27,344 shares during the period.

MFS Active Growth ETF Stock Down 0.4%

Shares of NYSEARCA MFSG opened at $30.40 on Wednesday. The business’s 50 day moving average price is $29.77 and its 200 day moving average price is $28.56. The firm has a market cap of $373.92 million, a P/E ratio of 36.15 and a beta of 1.35. MFS Active Growth ETF has a 52 week low of $24.50 and a 52 week high of $30.88.

About MFS Active Growth ETF

The MFS Active Growth ETF (MFSG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of US and non-US growth stocks of any market capitalization. The fund utilizes a bottom-up fundamental approach to select investments MFSG was launched on Dec 5, 2024 and is issued by MFS.