AdvisorNet Financial Inc bought a new position in shares of Roundhill Magnificent Seven ETF (BATS:MAGS – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 685 shares of the company’s stock, valued at approximately $38,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Parallel Advisors LLC bought a new position in Roundhill Magnificent Seven ETF in the 1st quarter worth approximately $34,000. BigSur Wealth Management LLC bought a new position in shares of Roundhill Magnificent Seven ETF in the first quarter worth $2,064,000. Kingswood Wealth Advisors LLC grew its position in shares of Roundhill Magnificent Seven ETF by 36.0% in the first quarter. Kingswood Wealth Advisors LLC now owns 10,200 shares of the company’s stock valued at $476,000 after purchasing an additional 2,700 shares in the last quarter. J.Safra Asset Management Corp raised its stake in shares of Roundhill Magnificent Seven ETF by 86.8% during the 1st quarter. J.Safra Asset Management Corp now owns 779,737 shares of the company’s stock valued at $35,759,000 after purchasing an additional 362,353 shares during the period. Finally, Comprehensive Financial Planning Inc. PA lifted its holdings in Roundhill Magnificent Seven ETF by 106.0% during the 1st quarter. Comprehensive Financial Planning Inc. PA now owns 33,190 shares of the company’s stock worth $1,522,000 after purchasing an additional 17,077 shares in the last quarter.
Roundhill Magnificent Seven ETF Trading Up 0.5%
Shares of BATS MAGS opened at $64.45 on Friday. The company has a market cap of $2.82 billion, a P/E ratio of 35.22 and a beta of 1.31. The business has a 50 day moving average of $60.38 and a 200-day moving average of $53.41.
About Roundhill Magnificent Seven ETF
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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