Roundhill Magnificent Seven ETF (NYSEARCA:MAGS) Trading Up 1.8% – Here’s Why

Roundhill Magnificent Seven ETF (NYSEARCA:MAGSGet Free Report)’s share price was up 1.8% on Tuesday . The company traded as high as $46.99 and last traded at $46.69. Approximately 3,207,868 shares were traded during trading, an increase of 28% from the average daily volume of 2,509,316 shares. The stock had previously closed at $45.86.

Roundhill Magnificent Seven ETF Price Performance

The company has a market capitalization of $1.59 billion, a P/E ratio of 30.10 and a beta of 1.55. The stock’s fifty day simple moving average is $51.08 and its 200-day simple moving average is $51.38.

About Roundhill Magnificent Seven ETF

(Get Free Report)

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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