Roundhill Magnificent Seven ETF (NYSEARCA:MAGS – Get Free Report) rose 1.8% during trading on Wednesday . The company traded as high as $52.88 and last traded at $52.75. Approximately 2,647,222 shares were traded during trading, a decline of 5% from the average daily volume of 2,792,960 shares. The stock had previously closed at $51.80.
Roundhill Magnificent Seven ETF Trading Up 1.8%
The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 31.75 and a beta of 1.24. The stock has a 50-day simple moving average of $46.01 and a 200 day simple moving average of $50.99.
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.
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