Roundhill Sports Betting & iGaming ETF Price & Performance (BETZ)

Roundhill Investments has launched the Magnificent Seven Covered Call ETF (MAGY), expanding its suite of funds focused on major tech stocks. MAGY aims to generate weekly income by writing options on the 'Magnificent Seven,' which account for nearly 29% of the S&P 500. The ETF began trading today on Cboe BZX.1

The Roundhill Sports Betting & iGaming ETF (BETZ) closed at $19.73 on April 17, up 1.51% for the day and 6.17% over two weeks. Despite recent gains and positive moving average signals, the fund’s technical outlook was downgraded from 'Buy' to 'Hold/Accumulate' due to lower trading volume and potential short-term risks.23

In the past year, the Roundhill Sports Betting & iGaming ETF (BETZ), with its emphasis on digital gambling stocks, has outperformed rivals like the VanEck Gaming ETF, which is more exposed to traditional casinos. BETZ rose around 13% over the period, reflecting a market preference for online gaming amid sector shifts.45