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NASDAQ:MAGX

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

$47.47 -0.18 (-0.38%)
As of 11:58 AM Eastern

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

Key Stats

Today's Range
$46.00
$48.30
50-Day Range
$40.56
$52.92
52-Week Range
$22.58
$53.81
Volume
88,554 shs
Average Volume
174,845 shs
Market Capitalization
$71.68 million
Assets Under Management
$78.98 million
Dividend Yield
0.82%
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%0.51%0.52%
Other Expenses0.04%0.57%0.50%0.47%0.54%
Total Expense0.99%0.73%0.72%0.67%0.71%
Fee Waiver-0.04%-0.73%-0.51%-0.31%-0.56%
Net Expense0.95%0.60%0.62%0.60%0.60%
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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 $46.23 at the beginning of the year. Since then, MAGX shares have increased by 2.7% and is now trading at $47.47.
View the best growth stocks for 2025 here
.

Top institutional shareholders of Roundhill Daily 2X Long Magnificent Seven ETF include Client First Investment Management LLC (2.53%).

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.

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
$78.98 million
Average Daily Volume
$0.00
Discount/Premium
0.07%
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
10
Put Options
1
Call Options
10
Short Interest
11,300 shs

Miscellaneous

Beta
3.39
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This page (NASDAQ:MAGX) was last updated on 1/30/2025 by MarketBeat.com Staff
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