Roundhill Daily 2X Long Magnificent Seven ETFMAGX
MAGX
0
Funds holding %
of 7,290 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
3% more capital invested
Capital invested by funds: $2.57M [Q3] → $2.64M (+$77.7K) [Q4]
0% more funds holding
Funds holding: 6 [Q3] → 6 (+0) [Q4]
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
5.79% less ownership
Funds ownership: 10.26% [Q3] → 4.47% (-5.79%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for MAGX.
Financial journalist opinion
Neutral
PRNewsWire
1 month ago
Roundhill Announces Exchange Listing Changes for Magnificent Seven ETFs
MAGS and MAGX to transfer exchange listings from Nasdaq to Cboe BZX NEW YORK , Jan. 17, 2025 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, has announced exchange listing changes for the Roundhill Magnificent Seven ETF (MAGS) and the Roundhill Daily 2x Magnificent Seven ETF (MAGX) from Nasdaq to Cboe BZX. No shareholder action is expected because of this change, nor is the transfer expected to affect the trading of fund shares.
Positive
Seeking Alpha
7 months ago
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.
Negative
Market Watch
10 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.
Positive
CNBC Television
11 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.
Positive
CNBC Television
11 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.
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