Rye Brook Capital LLC Buys 13,270 Shares of Roundhill Magnificent Seven ETF $MAGS

Rye Brook Capital LLC raised its stake in shares of Roundhill Magnificent Seven ETF (BATS:MAGS) by 47.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 41,020 shares of the company’s stock after buying an additional 13,270 shares during the period. Roundhill Magnificent Seven ETF comprises about 1.9% of Rye Brook Capital LLC’s portfolio, making the stock its 17th largest holding. Rye Brook Capital LLC owned 0.09% of Roundhill Magnificent Seven ETF worth $2,941,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Noble Wealth Management PBC grew its holdings in Roundhill Magnificent Seven ETF by 953.5% during the third quarter. Noble Wealth Management PBC now owns 10,535 shares of the company’s stock worth $755,000 after acquiring an additional 9,535 shares during the period. Compass Financial Management LLC acquired a new position in Roundhill Magnificent Seven ETF in the second quarter valued at approximately $58,000. Brandywine Financial Group acquired a new position in Roundhill Magnificent Seven ETF in the first quarter valued at approximately $53,000. Parallel Advisors LLC lifted its holdings in Roundhill Magnificent Seven ETF by 51.9% in the first quarter. Parallel Advisors LLC now owns 439 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the period. Finally, Cooksen Wealth LLC boosted its position in Roundhill Magnificent Seven ETF by 3.2% in the 1st quarter. Cooksen Wealth LLC now owns 17,970 shares of the company’s stock worth $1,041,000 after purchasing an additional 557 shares in the last quarter.

Roundhill Magnificent Seven ETF Stock Down 0.3%

Shares of BATS MAGS traded down $0.21 during midday trading on Wednesday, reaching $73.69. 1,766,263 shares of the stock were exchanged, compared to its average volume of 4,073,681. The firm has a market cap of $3.23 billion, a price-to-earnings ratio of 35.22 and a beta of 1.31. Roundhill Magnificent Seven ETF has a twelve month low of $55.08 and a twelve month high of $74.13. The firm has a 50-day simple moving average of $69.31 and a two-hundred day simple moving average of $66.60.

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.