Goodman Financial Corp Purchases Shares of 4,135 The Magnificent Seven ETF (NASDAQ:MAGS)

Posted by Steve Fairfield on Mar 21st, 2025

Goodman Financial Corp acquired a new position in shares of The Magnificent Seven ETF (NASDAQ:MAGS – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,135 shares of the company’s stock, valued at approximately $225,000.

Several other large investors also recently made changes to their positions in the business. China Universal Asset Management Co. Ltd. purchased a new stake in Magnificent Seven ETF during the 4th quarter worth $175,000. Kingswood Wealth Advisors LLC acquired a new position in shares of Magnificent Seven ETF during the fourth quarter worth about $408,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Magnificent Seven ETF in the fourth quarter worth about $877,000. Finally, J.Safra Asset Management Corp acquired a new stake in shares of Magnificent Seven ETF in the fourth quarter valued at about $23,035,000. Institutional investors and hedge funds own 15.39% of the company’s stock.

Magnificent Seven ETF Stock Performance

Shares of NASDAQ:MAGS opened at $46.68 on Friday. The company has a market cap of $1.76 billion, a P/E ratio of 113.85 and a beta of 1.55. The Magnificent Seven ETF has a one year low of $36.24 and a one year high of $58.69. The business’s 50-day simple moving average is $52.69 and its 200 day simple moving average is $51.15.

Magnificent Seven ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were given a dividend of $0.4397 per share. The ex-dividend date was Monday, December 30th. Magnificent Seven ETF’s payout ratio is currently 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.