J.Safra Asset Management Corp Grows Holdings in Roundhill Magnificent Seven ETF $MAGS

J.Safra Asset Management Corp increased its stake in shares of Roundhill Magnificent Seven ETF (BATS:MAGS) by 80.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,410,466 shares of the company’s stock after purchasing an additional 630,729 shares during the quarter. Roundhill Magnificent Seven ETF accounts for 5.7% of J.Safra Asset Management Corp’s holdings, making the stock its 6th biggest holding. J.Safra Asset Management Corp owned approximately 3.22% of Roundhill Magnificent Seven ETF worth $78,394,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of MAGS. Kingswood Wealth Advisors LLC increased its position in shares of Roundhill Magnificent Seven ETF by 36.0% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 10,200 shares of the company’s stock valued at $476,000 after purchasing an additional 2,700 shares during the last quarter. Comprehensive Financial Planning Inc. PA grew its position in Roundhill Magnificent Seven ETF by 106.0% in the 1st quarter. Comprehensive Financial Planning Inc. PA now owns 33,190 shares of the company’s stock valued at $1,522,000 after acquiring an additional 17,077 shares during the last quarter. Harbor Investment Advisory LLC bought a new position in Roundhill Magnificent Seven ETF in the 2nd quarter valued at $32,000. AdvisorNet Financial Inc bought a new position in Roundhill Magnificent Seven ETF in the 2nd quarter valued at $38,000. Finally, Graypoint LLC bought a new position in Roundhill Magnificent Seven ETF in the 2nd quarter valued at $23,274,000.

Roundhill Magnificent Seven ETF Stock Up 2.3%

MAGS opened at $64.24 on Tuesday. The stock’s 50-day moving average price is $61.94 and its two-hundred day moving average price is $54.80. The company has a market cap of $2.81 billion, a P/E ratio of 35.22 and a beta of 1.31.

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.