Roundhill Magnificent Seven ETF Stock Price, News & Analysis

The Roundhill Magnificent Seven ETF (MAGS) is an exchange-traded fund sponsored by Roundhill Investments, an SEC-registered investment advisor that focuses on creating innovative exchange-traded funds. According to Roundhill, its ETF lineup is designed to offer distinct and differentiated exposures across thematic equity, options income, and trading vehicles. MAGS is part of this broader suite and has been highlighted in multiple Roundhill communications as a key contributor to the firm’s growth in assets under management.

Roundhill Investments describes itself as an ETF sponsor centered on innovative financial products, with a team that has collectively launched more than 100 ETFs, including several first-to-market products. Within this context, the Roundhill Magnificent Seven ETF has played a visible role. Roundhill has cited MAGS as one of the firm’s primary growth drivers alongside other strategies such as the Generative AI & Technology ETF and the WeeklyPay ETF suite.

Role within Roundhill’s ETF lineup

In Roundhill’s public updates on its business, the firm has repeatedly singled out the Roundhill Magnificent Seven ETF (MAGS) when discussing inflows and asset milestones. Roundhill has reported that MAGS was among the funds with the most significant growth in net inflows within its ETF range over certain periods, and that it contributed meaningfully to Roundhill surpassing important AUM thresholds across its platform. This positions MAGS as one of the more prominent strategies within the Roundhill family of funds, based on the firm’s own commentary.

Roundhill also notes that its ETFs, including MAGS, are distributed by Foreside Fund Services, LLC. The firm emphasizes that investors should carefully review each fund’s prospectus and summary prospectus to understand objectives, risks, charges, and expenses before investing, and that all investing involves risk, including the possible loss of principal.

Exchange listing information

Roundhill has announced that the Roundhill Magnificent Seven ETF (MAGS) would transfer its exchange listing from Nasdaq to Cboe BZX. In that announcement, Roundhill stated that no shareholder action was expected as a result of the change and that the transfer was not expected to affect the trading of fund shares. The listing change was described as an exchange transfer for MAGS and a related ETF, the Roundhill Daily 2x Magnificent Seven ETF (MAGX), as part of Roundhill’s ongoing management of its product lineup.

Recognition and asset growth

Roundhill has reported that the Roundhill Magnificent Seven ETF received industry recognition as "Best New ETF" at the 2024 ETF.com Awards. In Roundhill’s description of that award, the firm noted that the recognition was based on factors such as innovation, outperformance, and cost for ETFs that launched in 2023 and sought to address evolving investor needs and preferences. Roundhill also highlighted that MAGS had surpassed a specific asset under management threshold at the time of that announcement, which the firm presented as evidence of investor interest in the strategy.

In subsequent communications, Roundhill has referenced MAGS again when discussing the firm’s broader growth. When Roundhill announced that it had surpassed a multi-billion dollar assets under management milestone across its ETF suite, it identified MAGS as one of the key funds contributing to year-to-date inflows. This underscores that, based on Roundhill’s own reporting, MAGS has been an important component of the firm’s asset-gathering progress.

Sponsor background: Roundhill Investments

According to Roundhill, the firm was founded in 2018 and operates as an SEC-registered investment advisor with a focus on exchange-traded funds. Roundhill states that its ETFs seek to provide unique and differentiated exposures across thematic equity strategies, options income approaches, and trading-oriented vehicles. The firm also notes that its team has extensive ETF experience, having collectively launched more than 100 ETFs, including several that were first to market in their specific categories.

Roundhill’s public materials emphasize that investors should review each ETF’s prospectus or summary prospectus for detailed information about objectives, risks, charges, and expenses. The firm also highlights specific risk considerations for strategies that expect to have concentrated exposure in technology-related industries, noting that the value of stocks of information technology companies and companies that rely heavily on technology can be particularly sensitive to rapid changes in technology product cycles and sector-specific developments.

Risk and suitability considerations

In its disclosures that reference the Roundhill Magnificent Seven ETF, Roundhill underscores that investing involves risk and that there is no guarantee any investment strategy will be successful. The firm points out that certain funds in its lineup, including those associated with technology-related exposures, may be concentrated in specific industries or groups of related industries. Roundhill states that such concentration can make a fund more vulnerable to market, economic, regulatory, political, or other developments affecting those industries than a more diversified fund.

Roundhill also notes that investors should consider whether a given ETF’s strategy, risk profile, and concentration characteristics align with their own objectives and risk tolerance. For detailed, security-level information and portfolio composition of MAGS, Roundhill directs investors to the fund’s prospectus and summary prospectus, which provide the formal description of the ETF’s investment objective, principal investment strategies, and principal risks.

How MAGS fits into an ETF research process

For investors researching MAGS stock or asking "what is the Roundhill Magnificent Seven ETF?", the available public information from Roundhill establishes that MAGS is an exchange-traded fund within a broader family of thematic and income-focused ETFs. It has been cited by its sponsor as a notable contributor to firm-wide asset growth and has received third-party recognition in the ETF industry. Any decision to invest in MAGS would typically involve reviewing the official fund documentation, understanding its stated investment objective and risk disclosures, and considering how its strategy fits within an overall portfolio.