Ameriflex Group Inc. Sells 732 Shares of Roundhill Magnificent Seven ETF $MAGS

Ameriflex Group Inc. reduced its holdings in shares of Roundhill Magnificent Seven ETF (BATS:MAGS) by 25.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,090 shares of the company’s stock after selling 732 shares during the quarter. Ameriflex Group Inc.’s holdings in Roundhill Magnificent Seven ETF were worth $115,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of MAGS. Graypoint LLC bought a new stake in Roundhill Magnificent Seven ETF during the 2nd quarter valued at $23,274,000. J.Safra Asset Management Corp raised its stake in shares of Roundhill Magnificent Seven ETF by 86.8% during the 1st quarter. J.Safra Asset Management Corp now owns 779,737 shares of the company’s stock valued at $35,759,000 after purchasing an additional 362,353 shares during the period. BigSur Wealth Management LLC purchased a new stake in Roundhill Magnificent Seven ETF during the 1st quarter worth about $2,064,000. Comprehensive Financial Planning Inc. PA lifted its holdings in Roundhill Magnificent Seven ETF by 106.0% during the 1st quarter. Comprehensive Financial Planning Inc. PA now owns 33,190 shares of the company’s stock worth $1,522,000 after purchasing an additional 17,077 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its stake in Roundhill Magnificent Seven ETF by 36.0% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 10,200 shares of the company’s stock worth $476,000 after purchasing an additional 2,700 shares during the period.

Roundhill Magnificent Seven ETF Stock Performance

Shares of MAGS opened at $64.43 on Friday. The firm’s fifty day moving average is $61.12 and its 200-day moving average is $54.02. The company has a market capitalization of $2.82 billion, a PE ratio of 35.22 and a beta of 1.31.

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.