MAGQ stock icon

Roundhill Daily Inverse Magnificent Seven ETF
MAGQ

18.57 USD
+0.00
0.00%
At close Nov 13, 4:00 PM EST
1 day
0.00%
5 days
0.87%
1 month
-6.82%
3 months
-15.82%
6 months
-20.81%
Year to date
-24.70%
1 year
-24.70%
5 years
-24.70%
10 years
-24.70%
0
Funds holding %
of 6,759 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

18,082% more capital invested

Capital invested by funds: $1.18K [Q1] → $215K (+$214K) [Q2]

100% more funds holding

Funds holding: 1 [Q1] → 2 (+1) [Q2]

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

33.8% more ownership

Funds ownership: 0.49% [Q1] → 34.29% (+33.8%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for MAGQ.

See Analyst Rankings

Financial journalist opinion

Neutral
PRNewsWire
1 week ago
Roundhill Investments Announces Changes to ETF Lineup
NEW YORK , Nov. 6, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, today announced plans to close and liquidate the following ETFs: Fund Name Ticker CUSIP Roundhill Alerian LNG ETF LNGG 53656G423 Roundhill S&P® Global Luxury ETF LUXX 53656G431 Roundhill S&P® Dividend Monarchs ETF KNGS 77926X106 Roundhill Daily Inverse Magnificent Seven ETF MAGQ 77926X809   Based on the recommendation of Roundhill Financial Inc. (the "Adviser"), the Board of Trustees for Listed Funds Trust and Roundhill ETF Trust determined it would be in the best interests of the Funds and their shareholders to liquidate each of the Funds. Shares of the Funds will cease trading on the listing exchange following the market close on November 27, 2024.
Roundhill Investments Announces Changes to ETF Lineup
Positive
Seeking Alpha
3 months ago
MAGQ: A Loss-Offset Play For When The Magnificent 7 Magic Fades
Roundhill Investments this year launched an inverse Mag 7 ETF aiming for daily -100% return on the biggest mega-caps of our time, the Roundhill Daily Inverse Magnificent Seven ETF. The MAGQ ETF is a small fund with assets under management of a little over $600,000, investing in equal-weighted Mag 7 swaps with a reasonable 0.95% expense ratio. The strategy involves betting against Mag 7 stocks' high valuations, utilizing technical indicators to time entry and exit points to offset losses on long positions.
MAGQ: A Loss-Offset Play For When The Magnificent 7 Magic Fades
Negative
Zacks Investment Research
6 months ago
ETF Winners Amid Last Week's Record Loss in "Magnificent 7"
Last week witnessed the largest collective loss for the "Magnificent Seven" technology-related stocks due to higher rates and rich valuation of those stocks.
ETF Winners Amid Last Week's Record Loss in "Magnificent 7"
Negative
Market Watch
7 months ago
A new product allows 5x leveraged bets on the Magnificent Seven. Traders should be wary.
Investors can now make turbocharged bets on or against the Magnificent Seven group of stocks due to the launch of an exchange-traded product offering five times leverage on the hot megacap technology sector. Of course, that doesn't mean they should.
A new product allows 5x leveraged bets on the Magnificent Seven. Traders should be wary.
Positive
CNBC Television
7 months ago
Sign of top or next pop? Rush of new offerings spring up around Mag 7, weight loss
Sign of top or next pop? Rush of new offerings spring up around Mag 7, weight loss.
Sign of top or next pop? Rush of new offerings spring up around Mag 7, weight loss
Positive
CNBC Television
7 months ago
Roundhill's Dave Mazza on trading the 'Magnificent 7' with ETFs
Dave Mazza, Roundhill Investments chief strategy officer, joins CNBC's Dom Chu to discuss Roundhill's new leveraged and inverse 'Magnificent 7' products, and if it's time to change the strategy around the group.
Roundhill's Dave Mazza on trading the 'Magnificent 7' with ETFs
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