The Magnificent Seven ETF (NASDAQ:MAGS – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 198,485 shares were traded during mid-day trading, a decline of 44% from the previous session’s volume of 355,960 shares.The stock last traded at $45.92 and had previously closed at $44.95.
Magnificent Seven ETF Price Performance
The company has a market cap of $667.96 million, a price-to-earnings ratio of 109.63 and a beta of 1.55. The business’s 50-day simple moving average is $44.93 and its 200-day simple moving average is $40.42.
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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