Ladenburg Thalmann Financial Services Inc. lifted its position in shares of MFS Special Value Trust (NYSE:MFV) by 11.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,761 shares of the closed-end fund’s stock after buying an additional 3,107 shares during the period. Ladenburg Thalmann Financial Services Inc. owned about 0.42% of MFS Special Value Trust worth $171,000 as of its most recent SEC filing.
Separately, LPL Financial LLC raised its holdings in shares of MFS Special Value Trust by 141.3% during the 2nd quarter. LPL Financial LLC now owns 46,147 shares of the closed-end fund’s stock valued at $265,000 after buying an additional 27,025 shares in the last quarter. Institutional investors and hedge funds own 4.04% of the company’s stock.
Shares of NYSE MFV opened at $6.38 on Tuesday. MFS Special Value Trust has a 1-year low of $4.50 and a 1-year high of $6.75. The stock’s 50-day moving average is $5.98 and its 200 day moving average is $5.79.
About MFS Special Value Trust
MFS Special Value Trust is a closed-ended balanced mutual fund launched and managed by Massachusetts Financial Services Company The fund invests in the public equity and fixed income markets of the United States. It primarily invests in value stocks of companies operating across diversified sectors. The fund employs fundamental analysis and a bottom-up stock picking approach to create its portfolio.
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