Jane Street Group LLC Invests $483,000 in Roundhill Daily 2X Long Magnificent Seven ETF (NASDAQ:MAGX)

Jane Street Group LLC acquired a new position in Roundhill Daily 2X Long Magnificent Seven ETF (NASDAQ:MAGX) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,329 shares of the company’s stock, valued at approximately $483,000. Jane Street Group LLC owned approximately 1.93% of Roundhill Daily 2X Long Magnificent Seven ETF at the end of the most recent reporting period.

Separately, Flow Traders U.S. LLC bought a new position in shares of Roundhill Daily 2X Long Magnificent Seven ETF during the 3rd quarter valued at about $223,000.

Roundhill Daily 2X Long Magnificent Seven ETF Stock Performance

Shares of MAGX opened at $49.67 on Tuesday. The company’s fifty day moving average is $44.71 and its 200 day moving average is $37.94. Roundhill Daily 2X Long Magnificent Seven ETF has a fifty-two week low of $22.58 and a fifty-two week high of $53.81.

Roundhill Daily 2X Long Magnificent Seven ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were issued a $0.3964 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Roundhill Daily 2X Long Magnificent Seven ETF Profile

The Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds aiming to achieve 2x the return, for a single day, of the Roundhill Magnificent Seven ETF (MAGS) through derivative instruments such as swaps.