JPMorgan Chase & Co. Has $2.94 Million Stock Holdings in Roundhill Magnificent Seven ETF $MAGS

JPMorgan Chase & Co. trimmed its stake in shares of Roundhill Magnificent Seven ETF (BATS:MAGS) by 33.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,354 shares of the company’s stock after selling 22,570 shares during the quarter. JPMorgan Chase & Co.’s holdings in Roundhill Magnificent Seven ETF were worth $2,942,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Marshall Wace LLP acquired a new stake in Roundhill Magnificent Seven ETF during the 2nd quarter valued at approximately $14,318,000. Cooksen Wealth LLC bought a new position in Roundhill Magnificent Seven ETF during the 2nd quarter worth approximately $948,000. Captrust Financial Advisors lifted its position in shares of Roundhill Magnificent Seven ETF by 28.4% in the 2nd quarter. Captrust Financial Advisors now owns 8,311 shares of the company’s stock worth $461,000 after purchasing an additional 1,836 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Roundhill Magnificent Seven ETF by 103,100.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 8,256 shares of the company’s stock valued at $535,000 after purchasing an additional 8,248 shares during the last quarter. Finally, GoalVest Advisory LLC bought a new stake in shares of Roundhill Magnificent Seven ETF in the 3rd quarter valued at $33,000.

Roundhill Magnificent Seven ETF Price Performance

MAGS opened at $58.27 on Monday. Roundhill Magnificent Seven ETF has a twelve month low of $39.00 and a twelve month high of $69.14. The company has a fifty day moving average of $61.62 and a 200-day moving average of $64.32. The stock has a market cap of $2.55 billion, a PE ratio of 35.22 and a beta of 1.31.

Roundhill Magnificent Seven ETF Profile

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.