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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 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

A recent Benzinga poll asked readers which of the Magnificent 7 stocks they believe will best weather a recession. Amazon and Nvidia tied for the top spot, followed by Microsoft. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust (QQQ) experienced significant drops due to economic uncertainties. Despite recent market recovery, investors remain cautious about a potential recession.

Portfolio Pulse from Chris Katje

August 09, 2024 | 2:03 pm

Morgan Stanley analysts, led by Erik Woodring, have analyzed the recent sell-off's impact on mega-cap stocks, particularly the 'Magnificent Seven' (Nvidia, Microsoft, Meta, Apple, Alphabet, Amazon, and Tesla). Despite a 9% average decline month-to-date, these stocks are seen as attractive due to their future growth prospects. The analysis suggests that while there is downside risk in a recession scenario, the Magnificent Seven may outperform small-caps if the economy avoids a hard landing. ETFs like Invesco QQQ Trust, Roundhill Magnificent Seven ETF, and iShares Russell 2000 ETF also saw gains.

Portfolio Pulse from Shanthi Rexaline

August 09, 2024 | 10:03 am

Wall Street analyst Ed Yardeni suggests that the recent tech stock selloff may be over, despite disappointing earnings from Alphabet and Microsoft. The Nasdaq 100, tracked by Invesco QQQ Trust, fell 2.7%, while the Roundhill Magnificent Seven ETF declined by 1.9%. The iShares Semiconductor ETF dropped over 7%. Yardeni highlights that some tech stocks, like Nvidia, Meta, and Netflix, still offer attractive valuations.

Portfolio Pulse from Piero Cingari

August 01, 2024 | 7:36 pm

The Magnificent Seven, a group of elite tech companies, face a crucial market test as four mega-cap tech giants—Microsoft, Meta Platforms, Amazon, and Apple—report their quarterly earnings this week. The Roundhill Magnificent Seven ETF recently experienced its worst day since inception, highlighting market volatility. Analysts are closely watching investor sentiment and potential shifts in market dynamics.

Portfolio Pulse from Piero Cingari

July 30, 2024 | 1:15 pm

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