Roundhill Magnificent Seven ETF $MAGS Stake Raised by Rye Brook Capital LLC

Rye Brook Capital LLC increased its holdings in shares of Roundhill Magnificent Seven ETF (BATS:MAGS) by 47.8% during the third quarter, Holdings Channel.com reports. The fund owned 41,020 shares of the company’s stock after buying an additional 13,270 shares during the period. Roundhill Magnificent Seven ETF comprises approximately 1.9% of Rye Brook Capital LLC’s holdings, making the stock its 17th biggest position. Rye Brook Capital LLC’s holdings in Roundhill Magnificent Seven ETF were worth $2,941,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the business. J.Safra Asset Management Corp increased its stake in shares of Roundhill Magnificent Seven ETF by 2.9% in the 4th quarter. J.Safra Asset Management Corp now owns 1,510,220 shares of the company’s stock valued at $99,614,000 after purchasing an additional 42,741 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Roundhill Magnificent Seven ETF by 5.7% during the first quarter. Janney Montgomery Scott LLC now owns 33,961 shares of the company’s stock worth $1,968,000 after purchasing an additional 1,846 shares in the last quarter. Cooksen Wealth LLC boosted its position in Roundhill Magnificent Seven ETF by 3.2% during the first quarter. Cooksen Wealth LLC now owns 17,970 shares of the company’s stock worth $1,041,000 after purchasing an additional 557 shares in the last quarter. Noble Wealth Management PBC grew its holdings in Roundhill Magnificent Seven ETF by 953.5% in the third quarter. Noble Wealth Management PBC now owns 10,535 shares of the company’s stock valued at $755,000 after purchasing an additional 9,535 shares during the period. Finally, Sound Income Strategies LLC grew its holdings in Roundhill Magnificent Seven ETF by 22.2% in the first quarter. Sound Income Strategies LLC now owns 1,994 shares of the company’s stock valued at $117,000 after purchasing an additional 362 shares during the period.

Roundhill Magnificent Seven ETF Stock Down 0.3%

Shares of Roundhill Magnificent Seven ETF stock traded down $0.21 on Wednesday, reaching $73.69. The company’s stock had a trading volume of 1,766,263 shares, compared to its average volume of 4,073,681. The company has a market capitalization of $3.23 billion, a P/E ratio of 35.22 and a beta of 1.31. Roundhill Magnificent Seven ETF has a 52-week low of $55.08 and a 52-week high of $74.13. The stock has a 50-day moving average price of $69.31 and a 200-day moving average price of $66.60.

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.