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Founded as MI Developments Inc. in 2003, the company was spun out of auto-parts maker Magna International Inc. ().
Jones Financial Companies Lllp grew its position in Magna International by 96.1% during the first quarter.
Source: https://www.etfdailynews.com/2023/12/25/stocknews-com-lowers-magna-international-nysemga-to-hold/
Magna International had a return on equity of 10.47% and a net margin of 1.56%.
Source: https://www.etfdailynews.com/2023/02/15/barclays-initiates-coverage-on-magna-international-nysemga/