Roundhill Magnificent Seven ETF (NYSEARCA:MAGS – Get Free Report) dropped 5.2% during trading on Monday . The stock traded as low as $45.80 and last traded at $46.33. Approximately 4,146,423 shares were traded during trading, an increase of 81% from the average daily volume of 2,289,066 shares. The stock had previously closed at $48.86.
Roundhill Magnificent Seven ETF Price Performance
The business’s fifty day moving average price is $54.00 and its 200 day moving average price is $51.12. The stock has a market cap of $1.52 billion, a P/E ratio of 31.94 and a beta of 1.55.
Roundhill Magnificent Seven ETF Company 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.
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