Free Trial
NASDAQ:MAGX

Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) Price, Holdings, & News

$52.30 +2.29 (+4.58%)
(As of 12/24/2024 05:19 PM ET)

About Roundhill Daily 2X Long Magnificent Seven ETF (NASDAQ:MAGX)

Key Stats

Today's Range
$50.31
$52.30
50-Day Range
$35.21
$52.92
52-Week Range
$22.58
$53.81
Volume
257,300 shs
Average Volume
50,134 shs
Market Capitalization
$36.09 million
Assets Under Management
$57.99 million
Dividend Yield
N/A
Net Expense Ratio
0.95%
Aggregate Rating
N/A

ETF Overview

The Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds aiming to achieve 2x the return, for a single day, of the Roundhill Magnificent Seven ETF (MAGS) through derivative instruments such as swaps. MAGX was launched on Feb 29, 2024 and is issued by Roundhill.

Roundhill Daily 2X Long Magnificent Seven ETF Expenses

TypeMAGXTheme ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.95%0.57%0.55%0.50%0.52%
Other Expenses0.04%0.57%0.49%0.41%0.53%
Total Expense0.99%0.72%0.71%0.64%0.71%
Fee Waiver-0.04%-0.74%-0.51%-0.31%-0.56%
Net Expense0.95%0.60%0.61%0.57%0.59%
Receive MAGX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Roundhill Daily 2X Long Magnificent Seven ETF and its competitors with MarketBeat's FREE daily newsletter.

MAGX ETF News Headlines

No headlines for this company have been tracked by MarketBeat.com

MAGX ETF - Frequently Asked Questions

Roundhill Daily 2X Long Magnificent Seven ETF's stock was trading at $26.36 at the beginning of 2024. Since then, MAGX stock has increased by 98.4% and is now trading at $52.30.
View the best growth stocks for 2024 here
.

Top institutional shareholders of Roundhill Daily 2X Long Magnificent Seven ETF include Jane Street Group LLC (1.93%) and Flow Traders U.S. LLC (0.89%).

Shares of MAGX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Fund Details

Issuer
Roundhill Investments
Fund Name
Roundhill Daily 2X Long Magnificent Seven ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:MAGX
Inception Date
2/29/2024
Fund Manager
Andrew Serowik, Todd Alberico, Gabriel Tan, Brian Cooper
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Theme
Development Level
Developed Markets
Region
North America
Number of Holdings
8

Fund Statistics

Assets Under Management
$57.99 million
Average Daily Volume
$0.00
Discount/Premium
0.02%
Leveraged
2.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Roundhill Financial Inc.
Custodian
U.S. Bank, N.A.
Distributor
Foreside Fund Services, LLC
Transfer Agent
U.S. Bancorp Fund Services, LLC
Trustee
N/A
Lead Market Maker
Flow Traders

Options

Optionable
Optionable
Options Volume
4
Put Options
3
Call Options
1
Short Interest
800 shs

Miscellaneous

Beta
3.39
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

This page (NASDAQ:MAGX) was last updated on 12/25/2024 by MarketBeat.com Staff
From Our Partners