SFG Wealth Management LLC. Acquires 165,926 Shares of MFS Active Value ETF $MFSV

SFG Wealth Management LLC. boosted its holdings in MFS Active Value ETF (NYSE:MFSV) by 17.8% in the second quarter, HoldingsChannel reports. The firm owned 1,099,524 shares of the company’s stock after purchasing an additional 165,926 shares during the period. MFS Active Value ETF comprises about 11.3% of SFG Wealth Management LLC.’s portfolio, making the stock its 2nd largest holding. SFG Wealth Management LLC. owned 0.06% of MFS Active Value ETF worth $31,413,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of MFSV. Legacy Financial Advisors Inc. purchased a new stake in MFS Active Value ETF during the 2nd quarter worth approximately $895,000. Paul R. Ried Financial Group LLC boosted its stake in shares of MFS Active Value ETF by 18.8% during the 2nd quarter. Paul R. Ried Financial Group LLC now owns 1,138,859 shares of the company’s stock valued at $32,537,000 after buying an additional 180,040 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of MFS Active Value ETF by 492.1% during the 1st quarter. Bank of America Corp DE now owns 539,156 shares of the company’s stock valued at $14,412,000 after buying an additional 448,097 shares during the last quarter. Arkadios Wealth Advisors grew its position in shares of MFS Active Value ETF by 21.6% during the first quarter. Arkadios Wealth Advisors now owns 855,977 shares of the company’s stock worth $22,880,000 after buying an additional 152,166 shares in the last quarter. Finally, Royal Bank of Canada grew its position in shares of MFS Active Value ETF by 125.1% during the first quarter. Royal Bank of Canada now owns 3,743 shares of the company’s stock worth $100,000 after buying an additional 2,080 shares in the last quarter.

MFS Active Value ETF Trading Down 0.7%

Shares of NYSE:MFSV opened at $29.51 on Friday. The company has a fifty day simple moving average of $29.45 and a 200 day simple moving average of $28.23. The firm has a market cap of $563.66 million, a PE ratio of 19.36 and a beta of 0.33. MFS Active Value ETF has a 12-month low of $25.32 and a 12-month high of $30.15.

MFS Active Value ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.0941 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Thursday, June 25th.

MFS Active Value ETF 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.