From Nasdaq: 2024-04-12 09:44:00

The Roundhill Magnificent Seven ETF (MAGS) has hit a 52-week high, rising 66% from its low. The ETF tracks the “Magnificent Seven” stocks, including tech giants like Alphabet, Amazon, and Apple. The technology sector is showing strength, with positive data on producer prices. MAGS could see more gains with a weighted alpha of 61.14 and a 20-day volatility of 15.82%.

Investors looking for momentum may want to keep an eye on Roundhill Magnificent Seven ETF (MAGS), which has reached a 52-week high and is up 66% from its low. The ETF tracks tech giants like Alphabet, Amazon, Apple, and Microsoft. The technology sector is showing strength with positive data on producer prices, indicating more gains may be ahead for MAGS.



Read more at Nasdaq: Magnificent Seven ETF (MAGS) Hits New 52-Week High