MFS Active Value ETF (NYSE:MFSV – Get Free Report) was the target of a large growth in short interest during the month of 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 days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.
Hedge Funds Weigh In On MFS Active Value ETF
Large investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC acquired a new position in shares of MFS Active Value ETF in the 2nd quarter worth approximately $72,000. Royal Bank of Canada grew its stake in MFS Active Value ETF by 125.1% during the 1st quarter. Royal Bank of Canada now owns 3,743 shares of the company’s stock valued at $100,000 after acquiring an additional 2,080 shares in the last quarter. Richmond Investment Services LLC acquired a new position in MFS Active Value ETF in the 1st quarter valued at approximately $393,000. Legacy Financial Advisors Inc. acquired a new stake in shares of MFS Active Value ETF during the 2nd quarter valued at $895,000. Finally, BlueChip Wealth Advisors LLC purchased a new position in MFS Active Value ETF in the first quarter valued at about $1,023,000.
MFS Active Value ETF Trading Up 0.3%
MFSV stock opened at $29.27 on Friday. The firm has a market cap of $626.36 million, a P/E ratio of 19.36 and a beta of 0.36. MFS Active Value ETF has a 12-month low of $25.32 and a 12-month high of $30.15. The stock’s 50 day simple moving average is $29.15 and its 200 day simple moving average is $28.53.
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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