Roundhill Magnificent Seven ETF $MAGS is J.Safra Asset Management Corp’s 5th Largest Position

J.Safra Asset Management Corp lifted its stake in Roundhill Magnificent Seven ETF (BATS:MAGS) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,510,220 shares of the company’s stock after buying an additional 42,741 shares during the period. Roundhill Magnificent Seven ETF makes up 5.2% of J.Safra Asset Management Corp’s portfolio, making the stock its 5th biggest position. J.Safra Asset Management Corp owned 3.45% of Roundhill Magnificent Seven ETF worth $99,614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Hilton Head Capital Partners LLC purchased a new stake in shares of Roundhill Magnificent Seven ETF in the fourth quarter worth about $27,000. Mascagni Wealth Management Inc. boosted its position in shares of Roundhill Magnificent Seven ETF by 25.7% in the fourth quarter. Mascagni Wealth Management Inc. now owns 12,484 shares of the company’s stock worth $823,000 after buying an additional 2,550 shares during the period. SBI Securities Co. Ltd. boosted its position in shares of Roundhill Magnificent Seven ETF by 88.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,479 shares of the company’s stock worth $98,000 after buying an additional 693 shares during the period. Strategic Blueprint LLC purchased a new stake in shares of Roundhill Magnificent Seven ETF in the fourth quarter worth about $347,000. Finally, Kingswood Wealth Advisors LLC purchased a new stake in shares of Roundhill Magnificent Seven ETF in the fourth quarter worth about $455,000.

Roundhill Magnificent Seven ETF Price Performance

Shares of BATS MAGS opened at $64.22 on Thursday. Roundhill Magnificent Seven ETF has a 1-year low of $52.74 and a 1-year high of $71.16. The business has a 50-day moving average of $66.22 and a 200-day moving average of $64.80. The company has a market capitalization of $2.81 billion, a price-to-earnings 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. MAGS was launched on Apr 11, 2023 and is issued by Roundhill.