27,525 Roundhill Magnificent Seven ETF $MAGS Shares Acquired by Turn8 Private Wealth Inc.

Turn8 Private Wealth Inc. raised its holdings in Roundhill Magnificent Seven ETF (BATS:MAGS) by 64.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 70,525 shares of the company’s stock after buying an additional 27,525 shares during the period. Roundhill Magnificent Seven ETF accounts for about 3.4% of Turn8 Private Wealth Inc.’s portfolio, making the stock its 8th largest holding. Turn8 Private Wealth Inc.’s holdings in Roundhill Magnificent Seven ETF were worth $5,056,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MAGS. Noble Wealth Management PBC grew its holdings in shares of 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 valued at $755,000 after acquiring an additional 9,535 shares in the last quarter. Vigilare Wealth Management bought a new stake in Roundhill Magnificent Seven ETF during the third quarter worth about $2,127,000. Ayalon Insurance Comp Ltd. acquired a new position in Roundhill Magnificent Seven ETF during the third quarter valued at approximately $9,725,000. Rye Brook Capital LLC boosted 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 purchasing an additional 13,270 shares during the last quarter. Finally, Wedbush Securities Inc. bought a new position in Roundhill Magnificent Seven ETF in the third quarter valued at approximately $996,000.

Roundhill Magnificent Seven ETF Stock Down 0.8%

MAGS stock opened at $68.55 on Wednesday. The company has a market cap of $5.08 billion, a price-to-earnings ratio of 34.47 and a beta of 1.38. Roundhill Magnificent Seven ETF has a twelve month low of $55.08 and a twelve month high of $74.78. The business has a 50 day moving average price of $70.96 and a two-hundred day moving average price of $66.47.

Roundhill Magnificent Seven ETF 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.