Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY – Get Free Report) was up 0.4% during mid-day trading on Friday. The stock traded as high as $40.60 and last traded at $40.15. 21,860 shares traded hands during trading, a decline of 70% from the average daily volume of 73,737 shares. The stock had previously closed at $39.99.
Roundhill Magnificent Seven Covered Call ETF Price Performance
The firm has a market capitalization of $89.94 million and a price-to-earnings ratio of 34.47. The business’s fifty day simple moving average is $42.55 and its 200 day simple moving average is $44.78.
Hedge Funds Weigh In On Roundhill Magnificent Seven Covered Call ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co acquired a new position in shares of Roundhill Magnificent Seven Covered Call ETF during the second quarter valued at about $7,947,000. Polaris Financial Partners acquired a new stake in shares of Roundhill Magnificent Seven Covered Call ETF in the 3rd quarter worth about $690,000. Finally, Winebrenner Capital Management LLC lifted its holdings in shares of Roundhill Magnificent Seven Covered Call ETF by 140.0% in the third quarter. Winebrenner Capital Management LLC now owns 12,000 shares of the company’s stock valued at $515,000 after purchasing an additional 7,000 shares in the last quarter.
About Roundhill Magnificent Seven Covered Call ETF
Roundhill ETF Trust – Roundhill Magnificent Seven Covered Call ETF is an exchange traded fund launched and managed by Roundhill Financial Inc The fund is co-managed by Exchange Traded Concepts, LLC. It invests in public equity and fixed income markets of the United States. For its equity portion, the fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.
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