Client First Investment Management LLC reduced its stake in shares of Roundhill Daily 2X Long Magnificent Seven ETF (NASDAQ:MAGX – Free Report) by 16.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 34,178 shares of the company’s stock after selling 6,652 shares during the period. Roundhill Daily 2X Long Magnificent Seven ETF comprises 1.0% of Client First Investment Management LLC’s investment portfolio, making the stock its 14th biggest position. Client First Investment Management LLC’s holdings in Roundhill Daily 2X Long Magnificent Seven ETF were worth $1,580,000 as of its most recent filing with the Securities & Exchange Commission.
Separately, Flow Traders U.S. LLC purchased a new stake in Roundhill Daily 2X Long Magnificent Seven ETF in the 3rd quarter worth about $223,000.
Roundhill Daily 2X Long Magnificent Seven ETF Stock Up 3.2 %
NASDAQ MAGX opened at $47.39 on Friday. Roundhill Daily 2X Long Magnificent Seven ETF has a 52 week low of $22.58 and a 52 week high of $53.81. The firm’s 50-day simple moving average is $46.12 and its two-hundred day simple moving average is $38.65.
Roundhill Daily 2X Long Magnificent Seven ETF Announces Dividend
Roundhill Daily 2X Long Magnificent Seven ETF Company 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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