KWB Wealth Acquires Position in MFS Active Value ETF
1 report, 1 independent
Updated Oct 17
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What happened
KWB Wealth acquired a new position in MFS Active Value ETF in the third quarter, according to its Form 13F filing with the Securities & Exchange Commission. The fund purchased 919,981 shares of the ETF, valued at approximately $25,851,000. This acquisition makes the ETF about 2.2% of KWB Wealth’s total holdings.
From themarketsdaily.com
Why it matters
The purchase reflects a change in institutional investment sentiment toward MFS Active Value ETF. Other funds, including Paul R. Ried Financial Group LLC, SFG Wealth Management LLC, and Arkadios Wealth Advisors, have also recently modified their stakes in the ETF.
From themarketsdaily.com
Who's involved
- MFSUnderlying company of the MFS Active Value ETF