Shares of The Magnificent Seven ETF (NASDAQ:MAGS – Get Free Report) traded down 0.5% during trading on Wednesday . The stock traded as low as $39.70 and last traded at $40.01. 283,122 shares traded hands during mid-day trading, an increase of 38% from the average session volume of 205,325 shares. The stock had previously closed at $40.21.
Magnificent Seven ETF Price Performance
The business’s 50 day moving average price is $38.78. The company has a market cap of $259.26 million, a PE ratio of 97.59 and a beta of 1.51.
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.
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