MFS Active Value ETF (NYSE:MFSV – Get Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 23,788 shares, a growth of 61.4% from the September 15th total of 14,738 shares. Based on an average trading volume of 68,635 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.
Hedge Funds Weigh In On MFS Active Value ETF
Several large investors have recently made changes to their positions in the business. Paul R. Ried Financial Group LLC boosted its position in shares of MFS Active Value ETF by 18.8% during the second quarter. Paul R. Ried Financial Group LLC now owns 1,138,859 shares of the company’s stock worth $32,537,000 after acquiring an additional 180,040 shares during the last quarter. SFG Wealth Management LLC. raised its holdings in MFS Active Value ETF by 17.8% during the 2nd quarter. SFG Wealth Management LLC. now owns 1,099,524 shares of the company’s stock valued at $31,413,000 after buying an additional 165,926 shares during the period. Arkadios Wealth Advisors lifted its holdings in shares of MFS Active Value ETF by 21.6% in the 1st quarter. Arkadios Wealth Advisors now owns 855,977 shares of the company’s stock worth $22,880,000 after acquiring an additional 152,166 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of MFS Active Value ETF by 4.0% during the first quarter. Private Advisor Group LLC now owns 820,527 shares of the company’s stock valued at $21,933,000 after buying an additional 31,698 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in MFS Active Value ETF by 492.1% in the first quarter. Bank of America Corp DE now owns 539,156 shares of the company’s stock worth $14,412,000 after purchasing an additional 448,097 shares during the period.
MFS Active Value ETF Stock Up 0.6%
Shares of NYSE:MFSV traded up $0.18 on Friday, hitting $29.37. 11,514 shares of the company traded hands, compared to its average volume of 138,649. MFS Active Value ETF has a 52 week low of $25.32 and a 52 week high of $30.15. The stock has a 50 day simple moving average of $29.17 and a 200-day simple moving average of $28.52. The company has a market cap of $619.73 million, a PE ratio of 19.36 and a beta of 0.36.
MFS Active Value ETF Company Profile
The MFS Active Value ETF (MFSV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of US and non-US value stocks of any market capitalization. The fund utilizes a bottom-up fundamental approach to select investments. MFSV was launched on Dec 5, 2024 and is issued by MFS.
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