Roundhill Daily 2X Long Magnificent Seven ETF $MAGX Shares Bought by Simplex Trading LLC

Simplex Trading LLC grew its position in Roundhill Daily 2X Long Magnificent Seven ETF (NASDAQ:MAGX) by 85.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,203 shares of the company’s stock after acquiring an additional 553 shares during the period. Simplex Trading LLC owned about 0.06% of Roundhill Daily 2X Long Magnificent Seven ETF worth $37,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Jane Street Group LLC grew its position in shares of Roundhill Daily 2X Long Magnificent Seven ETF by 27.6% during the 4th quarter. Jane Street Group LLC now owns 17,005 shares of the company’s stock valued at $786,000 after acquiring an additional 3,676 shares during the period. Citadel Advisors LLC acquired a new position in Roundhill Daily 2X Long Magnificent Seven ETF in the 4th quarter worth about $226,000. Finally, Socha Financial Group LLC purchased a new position in Roundhill Daily 2X Long Magnificent Seven ETF during the first quarter worth approximately $697,000.

Roundhill Daily 2X Long Magnificent Seven ETF Price Performance

Shares of MAGX opened at $48.59 on Monday. Roundhill Daily 2X Long Magnificent Seven ETF has a 12 month low of $22.41 and a 12 month high of $53.81. The stock’s 50 day moving average is $44.62 and its two-hundred day moving average is $38.63.

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.