Roundhill Investments has filed to launch the Roundhill Magnificent Seven Plus ETF. This fund would pair the dominant mega-cap tech stocks with a slate of newer AI and space contenders, according to a filing.
The proposed product is expected to trade under the ticker name MAGP. The expense ratio and official launch date have yet to be announced. As with all ETF filings, the fund remains subject to regulatory approval.
What’s Inside MAGP
The ETF Tracker reported Monday that Roundhill has filed to launch the $MAGP Roundhill Magnificent Seven Plus ETF.
The proposed ETF will track a basket of 11 companies. This would include the so-called “Magnificent Seven” — Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG), Microsoft Corp (NASDAQ:MSFT), Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:
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