Roundhill Magnificent Seven ETF (NYSEARCA:MAGS) Trading Up 1.8% – Still a Buy?

Roundhill Magnificent Seven ETF (NYSEARCA:MAGSGet Free Report)’s stock price traded up 1.8% during mid-day trading on Tuesday . The company traded as high as $46.99 and last traded at $46.69. 3,207,868 shares traded hands during mid-day trading, an increase of 28% from the average session volume of 2,509,316 shares. The stock had previously closed at $45.86.

Roundhill Magnificent Seven ETF Price Performance

The company has a 50 day simple moving average of $51.52 and a 200-day simple moving average of $51.46. The stock has a market capitalization of $1.69 billion, a P/E ratio of 30.10 and a beta of 1.55.

About Roundhill Magnificent Seven ETF

(Get Free Report)

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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