Royal Bank of Canada grew its position in MFS Active Growth ETF (NYSEARCA:MFSG – Free Report) by 26.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 252,914 shares of the company’s stock after purchasing an additional 53,158 shares during the quarter. Royal Bank of Canada owned about 2.53% of MFS Active Growth ETF worth $6,472,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allegheny Financial Group boosted its position in shares of MFS Active Growth ETF by 221.0% in the 4th quarter. Allegheny Financial Group now owns 423,955 shares of the company’s stock worth $12,000,000 after purchasing an additional 291,901 shares in the last quarter. Farther Finance Advisors LLC raised its stake in MFS Active Growth ETF by 5,266.1% in the fourth quarter. Farther Finance Advisors LLC now owns 123,420 shares of the company’s stock valued at $3,493,000 after buying an additional 121,120 shares during the last quarter. LPL Financial LLC boosted its holdings in MFS Active Growth ETF by 104.0% in the fourth quarter. LPL Financial LLC now owns 175,861 shares of the company’s stock worth $4,978,000 after acquiring an additional 89,644 shares in the last quarter. D.A. Davidson & CO. grew its stake in shares of MFS Active Growth ETF by 661.2% during the first quarter. D.A. Davidson & CO. now owns 68,188 shares of the company’s stock worth $1,745,000 after acquiring an additional 59,230 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of MFS Active Growth ETF by 143.8% during the first quarter. Cetera Investment Advisers now owns 80,943 shares of the company’s stock worth $2,071,000 after acquiring an additional 47,736 shares during the last quarter.
MFS Active Growth ETF Stock Down 0.4%
MFSG opened at $30.40 on Wednesday. The company has a market cap of $373.92 million, a P/E ratio of 36.15 and a beta of 1.35. The firm’s 50-day moving average price is $29.77 and its 200-day moving average price is $28.56. MFS Active Growth ETF has a 52-week low of $24.50 and a 52-week high of $30.88.
MFS Active Growth ETF Profile
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.
Further Reading
- Five stocks we like better than MFS Active Growth ETF
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Receive News & Ratings for MFS Active Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS Active Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
