Roundhill Magnificent Seven ETF (MAGS)

NASDAQ: MAGS · Real-Time Price · USD
47.75
+0.36 (0.76%)
At close: Oct 21, 2024, 4:00 PM
47.82
+0.07 (0.15%)
After-hours: Oct 21, 2024, 7:33 PM EDT
0.76%
Assets $775.92M
Expense Ratio 0.29%
PE Ratio 35.39
Shares Out 16.45M
Dividend (ttm) $0.15
Dividend Yield 0.31%
Ex-Dividend Date Dec 27, 2023
Payout Ratio 10.90%
1-Year Return +63.53%
Volume 498,079
Open 47.24
Previous Close 47.39
Day's Range 47.14 - 47.75
52-Week Low 27.85
52-Week High 49.96
Beta n/a
Holdings n/a
Inception Date Apr 11, 2023

About MAGS

Fund Home Page

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.

Asset Class Equity
Category Technology
Region North America
Stock Exchange NASDAQ
Ticker Symbol MAGS
ETF Provider Roundhill

Dividends

Ex-Dividend Amount Pay Date
Dec 27, 2023 $0.14593 Dec 29, 2023
Full Dividend History

News

MAGS: An Efficient Way To Invest In The Magnificent Seven

The Magnificent Seven, including GOOGL, AAPL, AMZN, META, MSFT, NVDA, and TSLA, are poised to lead the market higher despite bubble concerns. The Roundhill Magnificent Seven ETF (MAGS) offers a divers...

18 hours ago - Seeking Alpha

Mag7, AI and GLP-1: Roundhill CEO on the hottest ETFs to watch

Dave Mazza, Roundhill Investments CEO, joins CNBC's Bob Pisani on “Halftime Report's” “ETF Edge” segment to discuss the firms' three ETFs following the Mag7, AI and GLP-1 themes.

Other symbols: CHATOZEM
5 weeks ago - CNBC Television

MAGS: The Magnificent 7 Bubble Is Losing Breadth

The "Magnificent 7" stocks, including Apple, Microsoft, Nvidia, and others, dominate the S&P 500 and Nasdaq 100, driving most gains and losses. The Roundhill Magnificent Seven ETF MAGS has outperforme...

6 weeks ago - Seeking Alpha

MAGS: Makes Little Sense

The MAGS ETF holds equal weights of the magnificent 7 stocks via swap contracts. The US Treasury holdings provide interest income that pays for the swap contract fees/interest. Apart from a short-term...

7 weeks ago - Seeking Alpha

Can the 'Magnificent Seven' Stocks Rebound From Their Longest Slump in Years?

U.S. stocks on Friday were, after a volatile week, on track to post their fourth consecutive weekly decline as the long "Magnificent Seven" trade that has fueled market gains for more than a year cont...

2 months ago - Investopedia

EXCLUSIVE: Which Magnificent 7 Stock Could Best Weather A Recession? Benzinga Readers Split On Pick, With A Tie For The Win

A large drop in the market on Monday sparked fears of a recession. While the stock market has recovered in the days since, investors are factoring concerns of a recession and high valuations for stock...

2 months ago - Benzinga

6 Stocks I'm Buying Amid A Major Market Rotation

American consumers' savings and spending patterns, illustrated through charts, showing a shift towards credit card debt and rising delinquency rates. Market rotation towards the real estate sector, wi...

3 months ago - Seeking Alpha

Why Magnificent Seven Stocks are Having Their Worst Day on Record

The Magnificent Seven tumbled on Wednesday after earnings reports from Tesla (TSLA) and Alphabet (GOOGL) raised concerns about slowing earnings growth at America's tech titans.

3 months ago - Investopedia

MAGS: MAG 7 With A Dividend

Roundhill Magnificent Seven ETF provides exposure to top-performing Mag 7 stocks. MAGS utilizes swap agreements and forward contracts to maintain compliance with RIC diversification tests and uses its...

3 months ago - Seeking Alpha

Roundhill Magnificent Seven ETF Surpasses $500 Million in AUM

MAGS is the first and only U.S. listed ETF to target the "Magnificent Seven" stocks NEW YORK , July 3, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial produc...

3 months ago - PRNewsWire

Roundhill Investments Reaches $1 Billion AUM Milestone

NEW YORK , May 9, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce that the firm has surpassed $1 billion in assets under man...

Other symbols: CHAT
5 months ago - PRNewsWire

MAGS: Is the Magnificent 7 the best ETF money can buy?

The Roundhill Magnificent 7 ETF (MAGS) has become a fast-growing ETF this year, helped by the strong performance of most of its constituents. It recently jumped to a record high of $40.37, which was m...

6 months ago - Invezz

Roundhill Magnificent Seven ETF (MAGS) Wins "Best New ETF"

Industry recognition coincides with MAGS surpassing $250 million in assets under management. NEW YORK , April 29, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative finan...

6 months ago - PRNewsWire

MAGS: Charting Magnificent 7 Shows New Trend (Technical Analysis)

I take a fresh look at these giants of QQQ, as 5 of the 7 are now post earnings. Based on my technical analysis I see MSFT as the best reward/risk tradeoff currently, but that's not the big story here...

6 months ago - Seeking Alpha

MAGS, CHAT: Markets Lower After Earnings & GDP

The markets are lower after earnings and a disappointing GDP report. Dave Mazza discusses this and talks about the Roundhill Magnificent Seven ETF (MAGS) which is up 10% year-to-date.

Other symbols: CHAT
6 months ago - Schwab Network

Is The Ride of The Magnificent Seven Over?

The ride of the Magnificent 7, the name given to a group of high-profile technology companies, may be nearing an end.

7 months ago - Investopedia

A new product allows 5x leveraged bets on the Magnificent Seven. Traders should be wary.

Investors can now make turbocharged bets on or against the Magnificent Seven group of stocks due to the launch of an exchange-traded product offering five times leverage on the hot megacap technology ...

Other symbols: MAGQMAGX
7 months ago - Market Watch

Sign of top or next pop? Rush of new offerings spring up around Mag 7, weight loss

Sign of top or next pop? Rush of new offerings spring up around Mag 7, weight loss.

Other symbols: HRTSMAGQMAGXRSPTCAF
7 months ago - CNBC Television

Roundhill's Dave Mazza on trading the 'Magnificent 7' with ETFs

Dave Mazza, Roundhill Investments chief strategy officer, joins CNBC's Dom Chu to discuss Roundhill's new leveraged and inverse 'Magnificent 7' products, and if it's time to change the strategy around...

Other symbols: MAGQMAGX
7 months ago - CNBC Television

MAGS: The Magnificent 7 Are More Overvalued Than You Think

The Roundhill Magnificent Seven ETF holds an equally weighted portfolio of the Magnificent 7 stocks, rebalancing on a quarterly basis. The Magnificent 7 have seen a decline in their valuations, but wh...

8 months ago - Seeking Alpha

ETF Edge: Hot topics from the Exchange ETF Conference

Dave Mazza, Roundhill Investments chief strategy officer, and Tom Lydon, VettaFi vice chairman, join CNBC's Bob Pisani on the 'Halftime Report' live from the Exchange ETF conference to discuss the dom...

Other symbols: MTUM
9 months ago - CNBC Television

The Magnificent Seven Takes On A New Look, Diving Into MAGS

NVIDIA and Meta Platforms have surged, while Apple and Tesla have struggled, shaking up the Magnificent Seven. The Mag 7's weight in the S&P 500 has reached 29% but its earnings share is at a record h...

9 months ago - Seeking Alpha

Roundhill Magnificent Seven ETF Surpasses $100 Million in AUM

MAGS is the first and only U.S. listed ETF to target the "Magnificent Seven" stocks NEW YORK , Feb. 8, 2024 /PRNewswire/ -- Roundhill Investments ("Roundhill"), a leading provider of innovative financ...

9 months ago - PRNewsWire

Investing in ETFs: Magnificent 7 and AI gone from hype to 'growing pains'

Earnings season has garnered mixed stock results, especially for companies who have to compare to Wall Street's high expectations, so how successful have ETF plays for Magnificent Seven stocks and AI-...

9 months ago - Yahoo Finance

Billionaire Investor Says Rate Cuts Coming 'Sooner Than People Expect': Our Picks

Bill Ackman just predicted rate cuts in Q1 of 2024. He profited from the surge in rates, but he has now repositioned his portfolio to profit from the coming drop. We think that this is especially bull...

Other symbols: ARECCIOQQQVNQ
11 months ago - Seeking Alpha