Amplify Mobile Payments ETF (NYSEARCA:IPAY) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its position in shares of Amplify Mobile Payments ETF (NYSEARCA:IPAY) by 21.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 33,625 shares of the company’s stock after selling 9,456 shares during the quarter. Commonwealth Equity Services LLC owned about 0.52% of Amplify Mobile Payments ETF worth $1,950,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. FMR LLC grew its stake in shares of Amplify Mobile Payments ETF by 61.6% in the third quarter. FMR LLC now owns 787 shares of the company’s stock valued at $41,000 after buying an additional 300 shares in the last quarter. MTM Investment Management LLC acquired a new stake in Amplify Mobile Payments ETF in the fourth quarter valued at approximately $58,000. Strategic Blueprint LLC purchased a new stake in shares of Amplify Mobile Payments ETF during the fourth quarter valued at approximately $209,000. Cookson Peirce & Co. Inc. purchased a new position in shares of Amplify Mobile Payments ETF in the fourth quarter valued at $301,000. Finally, Flagship Harbor Advisors LLC grew its holdings in Amplify Mobile Payments ETF by 43.6% during the 4th quarter. Flagship Harbor Advisors LLC now owns 8,698 shares of the company’s stock valued at $504,000 after purchasing an additional 2,641 shares in the last quarter.

Amplify Mobile Payments ETF Stock Performance

NYSEARCA:IPAY opened at $53.24 on Friday. Amplify Mobile Payments ETF has a one year low of $44.11 and a one year high of $62.24. The business’s 50-day simple moving average is $57.74 and its 200 day simple moving average is $56.99. The stock has a market cap of $393.98 million, a price-to-earnings ratio of 22.19 and a beta of 1.43.

Amplify Mobile Payments ETF 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.