MFS Reduces Stake in IG Group Holdings to 4.99 Percent

Massachusetts Financial Services Company has decreased its ownership stake in IG Group Holdings PLC to 4.99%, down from 5.017%. This adjustment, effective December 9, 2024, suggests a slight reduction in their investment and could impact the decision-making processes of the company.

IG Group Holdings is a UK-based financial services firm that specializes in online trading services and products for retail and institutional clients. They offer access to various financial markets, including forex, shares, indices, and commodities. Currently, IG Group Holdings has a market capitalization of £3.41 billion and has achieved a year-to-date price performance of 32.61%. The average trading volume is 984,829, and the technical sentiment consensus rating is "Sell."

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