Shares of Roundhill Magnificent Seven ETF (NYSEARCA:MAGS – Get Free Report) rose 1.8% on Tuesday . The stock traded as high as $46.99 and last traded at $46.69. Approximately 3,207,868 shares were traded during mid-day trading, an increase of 28% from the average daily volume of 2,509,316 shares. The stock had previously closed at $45.86.
Roundhill Magnificent Seven ETF Price Performance
The business’s 50-day moving average price is $51.08 and its 200-day moving average price is $51.38. The firm has a market capitalization of $1.59 billion, a PE ratio of 30.10 and a beta of 1.55.
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.
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