The Magnificent Seven ETF (NASDAQ:MAGS – Get Free Report)’s share price reached a new 52-week high on Wednesday . The company traded as high as $47.94 and last traded at $47.94, with a volume of 841350 shares. The stock had previously closed at $47.15.
Magnificent Seven ETF Stock Performance
The business’s fifty day moving average price is $42.03 and its two-hundred day moving average price is $38.51. The stock has a market capitalization of $543.64 million, a P/E ratio of 116.93 and a beta of 1.55.
About Magnificent Seven ETF
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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