Roundhill Magnificent Seven ETF (BATS:MAGS – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $69.95 and last traded at $69.95, with a volume of 716775 shares trading hands. The stock had previously closed at $69.12.
Roundhill Magnificent Seven ETF Stock Up 2.3%
The stock’s 50-day simple moving average is $62.45 and its 200 day simple moving average is $64.42. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 35.22 and a beta of 1.31.
Hedge Funds Weigh In On Roundhill Magnificent Seven ETF
Large investors have recently made changes to their positions in the stock. Hilton Head Capital Partners LLC acquired a new position in shares of Roundhill Magnificent Seven ETF in the 4th quarter worth approximately $27,000. Parallel Advisors LLC lifted its holdings in shares of Roundhill Magnificent Seven ETF by 51.9% in the 1st quarter. Parallel Advisors LLC now owns 439 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares during the last quarter. Sunbelt Securities Inc. acquired a new position in shares of Roundhill Magnificent Seven ETF in the 3rd quarter worth approximately $31,000. SBI Securities Co. Ltd. acquired a new position in shares of Roundhill Magnificent Seven ETF in the 3rd quarter worth approximately $51,000. Finally, Murphy & Mullick Capital Management Corp lifted its holdings in Roundhill Magnificent Seven ETF by 36.9% during the 1st quarter. Murphy & Mullick Capital Management Corp now owns 1,670 shares of the company’s stock worth $97,000 after buying an additional 450 shares in the last quarter.
Roundhill Magnificent Seven ETF Company Profile
The Roundhill Magnificent Seven ETF (MAGS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that offers highly concentrated exposure to the largest and most liquid leading technology stocks. The fund invests primarily through swaps and forwards. MAGS was launched on Apr 11, 2023 and is issued by Roundhill.
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