4,135 Shares in The Magnificent Seven ETF (NASDAQ:MAGS) Purchased by Goodman Financial Corp

Posted by Tech Dows on Mar 21st, 2025

Goodman Financial Corp acquired a new stake in shares of The Magnificent Seven ETF (NASDAQ:MAGS – Free Report) in the fourth quarter, HoldingsChannel reports. The fund acquired 4,135 shares of the company’s stock, valued at approximately $225,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of MAGS. J.Safra Asset Management Corp acquired a new stake in Magnificent Seven ETF in the fourth quarter valued at $23,035,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Magnificent Seven ETF in the 4th quarter valued at about $877,000. China Universal Asset Management Co. Ltd. acquired a new stake in shares of Magnificent Seven ETF in the 4th quarter valued at about $175,000. Finally, Kingswood Wealth Advisors LLC bought a new position in shares of Magnificent Seven ETF during the fourth quarter worth about $408,000. 15.39% of the stock is currently owned by hedge funds and other institutional investors.

Magnificent Seven ETF Stock Performance

NASDAQ:MAGS opened at $46.68 on Friday. The stock has a 50-day simple moving average of $52.69 and a 200 day simple moving average of $51.15. The Magnificent Seven ETF has a one year low of $36.24 and a one year high of $58.69. The company has a market capitalization of $1.76 billion, a price-to-earnings ratio of 113.85 and a beta of 1.55.

Magnificent Seven ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were issued a $0.4397 dividend. The ex-dividend date of this dividend was Monday, December 30th. Magnificent Seven ETF’s dividend payout ratio (DPR) is 107.32%.

About Magnificent Seven ETF

(Free Report)

The Roundhill Magnificent Seven ETF (MAGS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that offers highly concentrated exposure to the largest and most liquid leading technology stocks. The fund invests primarily through swaps and forwards.