Janney Montgomery Scott LLC Sells 9,216 Shares of Roundhill Magnificent Seven ETF $MAGS

Janney Montgomery Scott LLC trimmed its position in Roundhill Magnificent Seven ETF (BATS:MAGS) by 38.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 14,966 shares of the company’s stock after selling 9,216 shares during the period. Janney Montgomery Scott LLC’s holdings in Roundhill Magnificent Seven ETF were worth $830,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Graypoint LLC bought a new position in shares of Roundhill Magnificent Seven ETF during the 2nd quarter worth about $23,274,000. J.Safra Asset Management Corp lifted its position 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 worth $35,759,000 after buying an additional 362,353 shares in the last quarter. Comprehensive Financial Planning Inc. PA lifted its position in shares of 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 buying an additional 17,077 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its position in shares of Roundhill Magnificent Seven ETF by 36.0% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 10,200 shares of the company’s stock worth $476,000 after buying an additional 2,700 shares in the last quarter. Finally, AdvisorNet Financial Inc bought a new position in shares of Roundhill Magnificent Seven ETF during the 2nd quarter worth approximately $38,000.

Roundhill Magnificent Seven ETF Stock Performance

Shares of MAGS stock opened at $63.47 on Wednesday. The business’s 50-day moving average is $62.07 and its 200 day moving average is $54.90. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 35.22 and a beta of 1.31.

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.