Sumitomo Mitsui Trust Group Inc. Makes New Investment in Roundhill Magnificent Seven ETF $MAGS

Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of Roundhill Magnificent Seven ETF (BATS:MAGS) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,564 shares of the company’s stock, valued at approximately $1,546,000.

A number of other large investors have also recently added to or reduced their stakes in MAGS. Wedbush Securities Inc. bought a new position in shares of Roundhill Magnificent Seven ETF in the 3rd quarter valued at about $996,000. SBI Securities Co. Ltd. raised its holdings in shares of Roundhill Magnificent Seven ETF by 23.4% in the 3rd quarter. SBI Securities Co. Ltd. now owns 2,811 shares of the company’s stock valued at $202,000 after purchasing an additional 533 shares during the period. Prime Capital Investment Advisors LLC raised its holdings in shares of Roundhill Magnificent Seven ETF by 1.0% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 19,863 shares of the company’s stock valued at $1,424,000 after purchasing an additional 196 shares during the period. Ayalon Insurance Comp Ltd. bought a new stake in shares of Roundhill Magnificent Seven ETF in the 3rd quarter valued at about $9,725,000. Finally, Rye Brook Capital LLC lifted its stake in Roundhill Magnificent Seven ETF by 47.8% in the 3rd quarter. Rye Brook Capital LLC now owns 41,020 shares of the company’s stock valued at $2,941,000 after purchasing an additional 13,270 shares during the last quarter.

Roundhill Magnificent Seven ETF Stock Performance

Shares of BATS:MAGS opened at $67.53 on Friday. Roundhill Magnificent Seven ETF has a 52-week low of $55.08 and a 52-week high of $74.78. The company has a market capitalization of $5.00 billion, a P/E ratio of 34.47 and a beta of 1.38. The company has a 50-day simple moving average of $70.97 and a 200 day simple moving average of $66.41.

About Roundhill Magnificent Seven ETF

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. MAGS was launched on Apr 11, 2023 and is issued by Roundhill.