Paul R. Ried Financial Group LLC Invests $853,000 in MFS Active Value ETF $MFSV

Paul R. Ried Financial Group LLC purchased a new stake in MFS Active Value ETF (NYSEARCA:MFSV) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 33,729 shares of the company’s stock, valued at approximately $853,000. MFS Active Value ETF makes up approximately 0.5% of Paul R. Ried Financial Group LLC’s portfolio, making the stock its 19th largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Greenbush Financial Group LLC lifted its position in shares of MFS Active Value ETF by 10.7% during the 2nd quarter. Greenbush Financial Group LLC now owns 284,562 shares of the company’s stock worth $7,195,000 after buying an additional 27,442 shares during the last quarter. Apollon Wealth Management LLC bought a new stake in shares of MFS Active Value ETF in the 2nd quarter valued at $1,761,000. Envestnet Asset Management Inc. bought a new stake in shares of MFS Active Value ETF during the 2nd quarter valued at about $289,000. Finally, Arkadios Wealth Advisors acquired a new stake in MFS Active Value ETF in the second quarter worth $267,000.

MFS Active Value ETF Stock Down 0.4%

Shares of NYSEARCA:MFSV opened at $25.80 on Friday. MFS Active Value ETF has a twelve month low of $21.75 and a twelve month high of $26.34. The firm has a market capitalization of $121.26 million, a price-to-earnings ratio of 19.36 and a beta of 0.95. The stock’s 50 day moving average is $25.92 and its 200-day moving average is $25.41.

About MFS Active Value ETF

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.