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

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.

Key Stats

• Today's Range: $46.38 to $50.27
• 50-Day Range: $35.21 to $52.92
• 52-Week Range: $22.58 to $53.81
• Volume: 305,223 shs
• Average Volume: 48,137 shs
• Market Capitalization: $33.49 million
• Assets Under Management: $49.12 million
• Dividend Yield: N/A
• Net Expense Ratio: 0.95%
• Aggregate Rating: N/A

MAGX ETF - Frequently Asked Questions

How have MAGX shares performed this year?

Roundhill Daily 2X Long Magnificent Seven ETF's stock was trading at $26.36 at the beginning of the year. Since then, MAGX stock has increased by 84.1% and is now trading at $48.54.
View the best growth stocks for 2024 here.

Who are Roundhill Daily 2X Long Magnificent Seven ETF's major shareholders?

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

How do I buy shares of Roundhill Daily 2X Long Magnificent Seven ETF?

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
• Stock Exchange: NASDAQ
• 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: $49.12 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.19%
• 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: 117
• Put Options: 2
• Call Options: 117
• Short Interest: 800 shs

Miscellaneous

• Outstanding Shares: 690,000
• Beta: 3.39