Roundhill Investments has introduced a new exchange-traded fund, $MAGP, positioning it as a direct competitor to the existing MANGOS ETF lineup. The fund combines exposure to the "Magnificent 7" mega-cap technology stocks with additional AI-focused equities. The launch expands Roundhill's thematic ETF offerings into the intersection of large-cap tech and artificial intelligence plays, targeting investors seeking concentrated exposure to both established market leaders and emerging AI growth names.