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MAGS

Roundhill Magnificent Seven ETF

http://www.magalsecurity.com

Industry

Asset Management

The fund is an actively managed exchange-traded fund (“ETF”) that pursues its investment objective by seeking investment exposure to the largest companies (“Underlying Issuers”) in one or more of the following industries, each of which is defined by an independent industry classification scheme: Technology Hardware Industry; E-Commerce Discretionary Industry; Internet Media & Services Industry; and Software Industry (collectively, the “Technology Industries”). The fund is non-diversified.

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The ETF MAGS, which focuses on the Magnificent Seven, is currently trading at a high P/E ratio of 37x, suggesting it may be overpriced. Projections indicate a slowdown in EPS for the Magnificent Seven in 2025, while the rest of the S&P 500 is expected to grow.

Portfolio Pulse from

December 19, 2024 | 8:15 pm

The Roundhill Magnificent Seven ETF (MAGS) has reached a 52-week high, showing significant momentum with an increase of approximately 81.2% from its 52-week low of $32.03 per share.

Portfolio Pulse from

December 17, 2024 | 1:15 pm

iShares has launched the TOPT ETF, which provides exposure to Mag-7 stocks and other major U.S. companies with a value focus. This new ETF aims to broaden the rally beyond the Mag-7 stocks.

Portfolio Pulse from

November 29, 2024 | 2:15 pm

The U.S. stock market faced volatility due to election uncertainties and mixed tech earnings, with the VIX surging 34%. Alphabet and Amazon outperformed, while the Roundhill Magnificent Seven ETF fell. Charter Communications and Booking Holdings saw gains, but AMD and Eli Lilly declined. The labor market slowed, influencing expectations for Federal Reserve rate cuts. The SPDR Gold Trust saw significant inflows, and Ford paused F-150 Lightning production in response to Tesla's Cybertruck sales.

Portfolio Pulse from Piero Cingari

November 01, 2024 | 8:50 pm

U.S. stocks rebounded after a hiring slump in October increased expectations for Federal Reserve interest rate cuts. The SPDR S&P 500 ETF Trust (SPY), Invesco QQQ Trust (QQQ), iShares Russell 2000 ETF (IWM), and other ETFs saw gains. Amazon's earnings boosted the Consumer Discretionary Select Sector SPDR Fund (XLY).

Portfolio Pulse from Piero Cingari

November 01, 2024 | 2:17 pm

The first trading session of September saw a significant selloff in risk assets, with major indices and tech stocks dropping sharply. The VIX surged, indicating increased market anxiety. The yen strengthened, while oil prices fell below $70. Treasury yields dropped amid weak U.S. manufacturing data, and several major tech stocks experienced substantial declines.

Portfolio Pulse from Piero Cingari

September 03, 2024 | 6:01 pm

The U.S. dollar strengthened as the Federal Reserve's inflation data suggested a slower pace for rate cuts. Wall Street reacted positively to strong consumer data, with several ETFs showing gains. The Invesco DB USD Index Bullish Fund ETF (UUP) rose, while the SPDR Gold Trust (GLD) fell. Small-cap stocks, tech stocks, and semiconductors saw gains.

Portfolio Pulse from Piero Cingari

August 30, 2024 | 1:58 pm

A Benzinga poll reveals that Nvidia is the top pick among the Magnificent 7 stocks for retirement investment, outperforming others like Apple and Microsoft. The Magnificent 7 have consistently outperformed the SPDR S&P 500 ETF over the past five and ten years.

Portfolio Pulse from Chris Katje

August 28, 2024 | 2:06 pm

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