Magnificent Seven ETF (NASDAQ:MAGS) Sees Strong Trading Volume

The Magnificent Seven ETF (NASDAQ:MAGSGet Free Report) saw unusually-high trading volume on Friday . Approximately 186,937 shares traded hands during mid-day trading, a decline of 26% from the previous session’s volume of 254,214 shares.The stock last traded at $48.10 and had previously closed at $47.94.

Magnificent Seven ETF Stock Performance

The company has a 50-day simple moving average of $42.64 and a 200-day simple moving average of $38.78. The company has a market cap of $554.07 million, a price-to-earnings ratio of 119.17 and a beta of 1.55.

Magnificent Seven ETF Company Profile

(Get Free Report)

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.

Further Reading

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