JPMorgan Chase & Co. Has $2.94 Million Stock Holdings in Roundhill Magnificent Seven ETF $MAGS

JPMorgan Chase & Co. reduced its position in shares of Roundhill Magnificent Seven ETF (BATS:MAGS) by 33.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,354 shares of the company’s stock after selling 22,570 shares during the period. JPMorgan Chase & Co. owned about 0.10% of Roundhill Magnificent Seven ETF worth $2,942,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in MAGS. Sunbelt Securities Inc. acquired a new stake in Roundhill Magnificent Seven ETF during the 3rd quarter worth approximately $31,000. GoalVest Advisory LLC acquired a new position in Roundhill Magnificent Seven ETF in the 3rd quarter valued at approximately $33,000. SBI Securities Co. Ltd. acquired a new position in Roundhill Magnificent Seven ETF in the 3rd quarter valued at approximately $51,000. Captrust Financial Advisors increased its position in Roundhill Magnificent Seven ETF by 28.4% in the 2nd quarter. Captrust Financial Advisors now owns 8,311 shares of the company’s stock valued at $461,000 after acquiring an additional 1,836 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in shares of Roundhill Magnificent Seven ETF by 103,100.0% during the third quarter. Farther Finance Advisors LLC now owns 8,256 shares of the company’s stock valued at $535,000 after acquiring an additional 8,248 shares during the last quarter.

Roundhill Magnificent Seven ETF Stock Performance

Shares of BATS:MAGS opened at $58.27 on Monday. Roundhill Magnificent Seven ETF has a 52 week low of $39.00 and a 52 week high of $69.14. The firm has a market cap of $2.55 billion, a PE ratio of 35.22 and a beta of 1.31. The firm’s fifty day moving average is $61.62 and its 200-day moving average is $64.32.

Roundhill Magnificent Seven ETF Company Profile

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. MAGS was launched on Apr 11, 2023 and is issued by Roundhill.