Fmr LLC Buys 300 Shares of Amplify Mobile Payments ETF (NYSEARCA:IPAY)

Fmr LLC lifted its position in Amplify Mobile Payments ETF (NYSEARCA:IPAY) by 61.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 787 shares of the company’s stock after acquiring an additional 300 shares during the quarter. Fmr LLC’s holdings in Amplify Mobile Payments ETF were worth $41,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in Amplify Mobile Payments ETF by 5,370.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 547 shares of the company’s stock valued at $26,000 after buying an additional 537 shares in the last quarter. SouthState Corp purchased a new position in Amplify Mobile Payments ETF during the second quarter valued at approximately $28,000. Banque Cantonale Vaudoise bought a new stake in Amplify Mobile Payments ETF during the 2nd quarter worth approximately $78,000. Blair William & Co. IL increased its holdings in Amplify Mobile Payments ETF by 57.6% during the 2nd quarter. Blair William & Co. IL now owns 6,486 shares of the company’s stock worth $303,000 after acquiring an additional 2,371 shares during the period. Finally, Wolf Group Capital Advisors purchased a new stake in Amplify Mobile Payments ETF in the 2nd quarter worth approximately $473,000.

Amplify Mobile Payments ETF Trading Up 1.3 %

Shares of IPAY opened at $59.91 on Thursday. The stock has a 50-day moving average price of $58.32 and a 200-day moving average price of $52.48. The company has a market cap of $389.42 million, a PE ratio of 24.11 and a beta of 1.32. Amplify Mobile Payments ETF has a 12-month low of $44.11 and a 12-month high of $62.08.

Amplify Mobile Payments ETF Company Profile

The ETFMG Prime Mobile Payments ETF (IPAY) is an exchange-traded fund that is based on the Prime Mobile Payments index. The fund tracks an index of global equity in credit card firms, and companies providing payment infrastructure, payment services, payment processing and payment solutions. IPAY was launched on Jul 15, 2015 and is managed by ETF Managers Group.