Roundhill Magnificent Seven ETF (BATS:MAGS – Get Free Report) shares passed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $70.65 and traded as high as $71.33. Roundhill Magnificent Seven ETF shares last traded at $70.70, with a volume of 3,157,876 shares trading hands.
Roundhill Magnificent Seven ETF Stock Up 0.9%
The stock has a 50-day simple moving average of $70.65 and a two-hundred day simple moving average of $66.26. The firm has a market cap of $3.10 billion, a PE ratio of 35.22 and a beta of 1.31.
Hedge Funds Weigh In On Roundhill Magnificent Seven ETF
A number of large investors have recently modified their holdings of MAGS. Noble Wealth Management PBC lifted its position in Roundhill Magnificent Seven ETF by 953.5% in the 3rd quarter. Noble Wealth Management PBC now owns 10,535 shares of the company’s stock worth $755,000 after buying an additional 9,535 shares during the last quarter. Ayalon Insurance Comp Ltd. bought a new position in Roundhill Magnificent Seven ETF during the third quarter valued at approximately $9,725,000. Rye Brook Capital LLC grew its position in Roundhill Magnificent Seven ETF by 47.8% during the third quarter. Rye Brook Capital LLC now owns 41,020 shares of the company’s stock valued at $2,941,000 after acquiring an additional 13,270 shares during the last quarter. Parallel Advisors LLC grew its position in Roundhill Magnificent Seven ETF by 51.9% during the first quarter. Parallel Advisors LLC now owns 439 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the last quarter. Finally, Cooksen Wealth LLC grew its position in Roundhill Magnificent Seven ETF by 3.2% during the first quarter. Cooksen Wealth LLC now owns 17,970 shares of the company’s stock valued at $1,041,000 after acquiring an additional 557 shares during the last quarter.
About Roundhill Magnificent Seven ETF
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.
Featured Articles
- Five stocks we like better than Roundhill Magnificent Seven ETF
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for Roundhill Magnificent Seven ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roundhill Magnificent Seven ETF and related companies with MarketBeat.com's FREE daily email newsletter.
