NeutralPRNewsWire
1 month ago
Roundhill Investments Launches Magnificent Seven Covered Call ETF (MAGY)
MAGY launch expands the firm's Magnificent Seven ETF lineup, which currently has over $1.7 billion in AUM.1 NEW YORK , April 23, 2025 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, is excited to announce the launch of the Roundhill Magnificent Seven Covered Call ETF (MAGY), which begins trading on Cboe BZX today. MAGY seeks to provide current income on a weekly basis by employing a covered call strategy on the Magnificent Seven, a group of stocks that collectively represent roughly 29% of the S&P 500.
