Roundhill Magnificent Seven ETF $MAGS Shares Acquired by Noble Wealth Management PBC

Noble Wealth Management PBC grew its stake in Roundhill Magnificent Seven ETF (BATS:MAGS) by 953.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 10,535 shares of the company’s stock after acquiring an additional 9,535 shares during the period. Noble Wealth Management PBC’s holdings in Roundhill Magnificent Seven ETF were worth $755,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in MAGS. Compass Financial Management LLC purchased a new stake in Roundhill Magnificent Seven ETF in the second quarter valued at approximately $58,000. Brandywine Financial Group purchased a new position in shares of Roundhill Magnificent Seven ETF during the first quarter worth $53,000. Parallel Advisors LLC raised its holdings in shares of Roundhill Magnificent Seven ETF by 51.9% in the 1st quarter. Parallel Advisors LLC now owns 439 shares of the company’s stock valued at $25,000 after buying an additional 150 shares during the period. Cooksen Wealth LLC raised its holdings in shares of Roundhill Magnificent Seven ETF by 3.2% in the 1st quarter. Cooksen Wealth LLC now owns 17,970 shares of the company’s stock valued at $1,041,000 after buying an additional 557 shares during the period. Finally, Sound Income Strategies LLC lifted its stake in Roundhill Magnificent Seven ETF by 22.2% during the 1st quarter. Sound Income Strategies LLC now owns 1,994 shares of the company’s stock worth $117,000 after acquiring an additional 362 shares in the last quarter.

Roundhill Magnificent Seven ETF Trading Down 0.3%

Roundhill Magnificent Seven ETF stock traded down $0.25 during midday trading on Thursday, reaching $71.44. 3,891,026 shares of the stock traded hands, compared to its average volume of 4,091,447. The company has a 50-day simple moving average of $68.54 and a two-hundred day simple moving average of $66.26. Roundhill Magnificent Seven ETF has a 12-month low of $55.08 and a 12-month high of $73.46. The firm has a market cap of $3.13 billion, a PE ratio of 35.22 and a beta of 1.31.

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. MAGS was launched on Apr 11, 2023 and is issued by Roundhill.