LEVERAGE SHARES PUBLIC LIMITED COMPANY -3X SHORT MAGNIFICENT 7 ETP 2024-26.03.74 on Exchange Traded Product
LEVERAGE SHARES PUBLIC LIMITED COMPANY -3X SHORT MAGNIFICENT 7 ETP 2024-26.03.74 on Exchange Traded Product (GB:MAGS) Price & Chart
GB:MAGS ETF Chart & Stats
- Day’s Range
- $1.30 - $1.33
- 52-Week Range
- $1.03 - $2.98
- Previous Close
- $1.26
- Volume
- 255
- Average Volume (3M)
- 8,686
- AUM
- 1.44M
- NAV
- 1.28
- Expense Ratio
- 0.01%
- Holdings Count
- 0
- Beta
- -1.58
- Inception Date
- Mar 26, 2024
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 1,016,551
- Standard Deviation
- N/A
ETF Overview
LEVERAGE SHARES PUBLIC LIMITED COMPANY -3X SHORT MAGNIFICENT 7 ETP 2024-26.03.74 on Exchange Traded Product
The LEVERAGE SHARES PUBLIC LIMITED COMPANY -3X SHORT MAGNIFICENT 7 ETP (GB:MAGS) is a dynamic exchange-traded product designed for sophisticated investors seeking to capitalize on inverse movements of a select group of large-cap stocks, known collectively as the "Magnificent 7." This ETP employs a leveraged strategy, offering a threefold inverse exposure to the performance of these globally recognized tech giants, enabling investors to potentially profit from declines in their stock prices. Categorized under the Size and Style segment, GB:MAGS focuses on the large-cap space, specifically targeting a broad-based niche that features industry-leading companies known for their significant market capitalizations and influence. This ETP is particularly relevant for those who are looking to hedge their portfolios against downturns in these major stocks or speculate on short-term market corrections within the technology sector. Launched with a specific maturity date in mind, expiring on 26th March 2074, this product is structured with a long-term perspective, allowing investors to strategically plan their portfolios while leveraging short opportunities in the large-cap domain. By offering a unique blend of leveraged strategies and sector-specific focus, GB:MAGS stands out as a compelling option for investors aiming to navigate the complexities of the financial markets with precision and foresight.
- Asset Class
- Equity
- Region
- North America
- Issuer
- Leverage Shares
- Index Tracked
- Solactive Magnificent 7 Index - Benchmark TR Net
- Ticker Symbol
- GB:MAGS

