180 Wealth Advisors LLC Buys Shares of 17,116 Roundhill Daily 2X Long Magnificent Seven ETF $MAGX

180 Wealth Advisors LLC purchased a new stake in Roundhill Daily 2X Long Magnificent Seven ETF (BATS:MAGX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,116 shares of the company’s stock, valued at approximately $979,000. 180 Wealth Advisors LLC owned approximately 1.33% of Roundhill Daily 2X Long Magnificent Seven ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. IFP Advisors Inc grew its stake in Roundhill Daily 2X Long Magnificent Seven ETF by 35.7% in the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $107,000 after acquiring an additional 500 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in Roundhill Daily 2X Long Magnificent Seven ETF during the 3rd quarter valued at about $1,234,000. Finally, Tactive Advisors LLC acquired a new position in Roundhill Daily 2X Long Magnificent Seven ETF during the second quarter worth about $6,010,000.

Roundhill Daily 2X Long Magnificent Seven ETF Stock Up 3.1%

Shares of BATS MAGX opened at $44.99 on Tuesday. The firm’s 50-day moving average is $51.24 and its two-hundred day moving average is $54.89. Roundhill Daily 2X Long Magnificent Seven ETF has a 12-month low of $22.41 and a 12-month high of $63.47.

Roundhill Daily 2X Long Magnificent Seven ETF Company 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. MAGX was launched on Feb 29, 2024 and is issued by Roundhill.