Physician Wealth Advisors Inc. purchased a new position in Roundhill Daily 2X Long Magnificent Seven ETF (NASDAQ:MAGX – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 643 shares of the company’s stock, valued at approximately $28,000.
A number of other hedge funds have also recently added to or reduced their stakes in MAGX. Jane Street Group LLC boosted its stake in Roundhill Daily 2X Long Magnificent Seven ETF by 27.6% in the 4th quarter. Jane Street Group LLC now owns 17,005 shares of the company’s stock worth $786,000 after buying an additional 3,676 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Roundhill Daily 2X Long Magnificent Seven ETF in the 4th quarter worth about $226,000. Socha Financial Group LLC acquired a new stake in Roundhill Daily 2X Long Magnificent Seven ETF in the 1st quarter worth about $697,000. Simplex Trading LLC boosted its stake in Roundhill Daily 2X Long Magnificent Seven ETF by 85.1% in the 1st quarter. Simplex Trading LLC now owns 1,203 shares of the company’s stock worth $37,000 after buying an additional 553 shares during the last quarter. Finally, Client First Investment Management LLC acquired a new stake in Roundhill Daily 2X Long Magnificent Seven ETF in the 2nd quarter worth about $2,838,000.
Roundhill Daily 2X Long Magnificent Seven ETF Stock Up 2.1%
NASDAQ MAGX opened at $56.79 on Monday. Roundhill Daily 2X Long Magnificent Seven ETF has a 1-year low of $22.41 and a 1-year high of $57.11. The business’s 50-day simple moving average is $48.59 and its 200-day simple moving average is $39.84.
Roundhill Daily 2X Long Magnificent Seven ETF Profile
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.
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Want to see what other hedge funds are holding MAGX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roundhill Daily 2X Long Magnificent Seven ETF (NASDAQ:MAGX – Free Report).
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