Roundhill Daily 2X Long Magnificent Seven ETF
MAGX

$34.76

1.56%

Market Cap: $23.3M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

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

0% more funds holding

Funds holding: 2 [Q1] → 2 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 1 | Existing positions closed: 1

29.05% less ownership

Funds ownership: 29.2% [Q1] → 0.15% (-29.05%) [Q2]

99% less capital invested

Capital invested by funds: $618K [Q1] → $7K (-$611K) [Q2]

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Research analyst outlook

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

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Financial journalist opinion

MAGX: Leveraging Magnificent 7 Returns While They Last

Market showing signs of stress, potential gradual decline before another bull run. MAGX ETF provides 2X exposure to Magnificent 7 stocks, boosting portfolio returns during market gains. Risks of leveraged ETFs include daily rebalancing causing volatility decay, potential for eroded returns on down days.

MAGX: Leveraging Magnificent 7 Returns While They Last

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.

CNBC Television

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

CNBC Television

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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