13,900 Shares in Roundhill Magnificent Seven ETF $MAGS Purchased by Wedbush Securities Inc.

Wedbush Securities Inc. bought a new position in shares of Roundhill Magnificent Seven ETF (BATS:MAGS) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 13,900 shares of the company’s stock, valued at approximately $996,000.

A number of other institutional investors have also recently bought and sold shares of MAGS. SBI Securities Co. Ltd. increased its position in shares of Roundhill Magnificent Seven ETF by 23.4% during the third quarter. SBI Securities Co. Ltd. now owns 2,811 shares of the company’s stock worth $202,000 after acquiring an additional 533 shares in the last quarter. Prime Capital Investment Advisors LLC raised its holdings in shares of Roundhill Magnificent Seven ETF by 1.0% during the third quarter. Prime Capital Investment Advisors LLC now owns 19,863 shares of the company’s stock worth $1,424,000 after acquiring an additional 196 shares during the period. Ayalon Insurance Comp Ltd. acquired a new stake in shares of Roundhill Magnificent Seven ETF during the third quarter worth $9,725,000. Rye Brook Capital LLC raised its holdings in shares of Roundhill Magnificent Seven ETF by 47.8% during the third quarter. Rye Brook Capital LLC now owns 41,020 shares of the company’s stock worth $2,941,000 after acquiring an additional 13,270 shares during the period. Finally, Noble Wealth Management PBC lifted its position in Roundhill Magnificent Seven ETF by 953.5% in the 3rd quarter. Noble Wealth Management PBC now owns 10,535 shares of the company’s stock valued at $755,000 after acquiring an additional 9,535 shares in the last quarter.

Roundhill Magnificent Seven ETF Trading Up 0.9%

MAGS opened at $70.70 on Tuesday. The stock has a market capitalization of $3.10 billion, a P/E ratio of 35.22 and a beta of 1.31. Roundhill Magnificent Seven ETF has a 12 month low of $55.08 and a 12 month high of $74.78. The firm’s fifty day simple moving average is $70.65 and its 200 day simple moving average is $66.26.

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