J.Safra Asset Management Corp Grows Stock Position in Roundhill Magnificent Seven ETF $MAGS

J.Safra Asset Management Corp grew its position in shares of Roundhill Magnificent Seven ETF (BATS:MAGS) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,510,220 shares of the company’s stock after buying an additional 42,741 shares during the period. Roundhill Magnificent Seven ETF comprises 5.2% of J.Safra Asset Management Corp’s portfolio, making the stock its 5th largest position. J.Safra Asset Management Corp’s holdings in Roundhill Magnificent Seven ETF were worth $99,614,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Hilton Head Capital Partners LLC bought a new position in Roundhill Magnificent Seven ETF during the 4th quarter worth approximately $27,000. Sunbelt Securities Inc. bought a new stake in shares of Roundhill Magnificent Seven ETF in the 3rd quarter worth approximately $31,000. SBI Securities Co. Ltd. bought a new stake in shares of Roundhill Magnificent Seven ETF in the 3rd quarter worth approximately $51,000. Strategic Blueprint LLC bought a new stake in shares of Roundhill Magnificent Seven ETF in the 4th quarter worth approximately $347,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of Roundhill Magnificent Seven ETF in the 4th quarter worth approximately $455,000.

Roundhill Magnificent Seven ETF Trading Down 2.2%

Shares of BATS MAGS opened at $64.22 on Thursday. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 35.22 and a beta of 1.31. Roundhill Magnificent Seven ETF has a 12-month low of $52.74 and a 12-month high of $71.16. The stock’s 50 day simple moving average is $66.22 and its 200 day simple moving average is $64.80.

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