Commonwealth Equity Services LLC trimmed its holdings in shares of Amplify Mobile Payments ETF (NYSEARCA:IPAY – Free Report) by 21.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,625 shares of the company’s stock after selling 9,456 shares during the period. Commonwealth Equity Services LLC’s holdings in Amplify Mobile Payments ETF were worth $1,950,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. FMR LLC boosted its stake in 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 acquiring an additional 300 shares during the period. MTM Investment Management LLC acquired a new position in Amplify Mobile Payments ETF during the 4th quarter valued at approximately $58,000. Strategic Blueprint LLC acquired a new position in shares of Amplify Mobile Payments ETF during the fourth quarter valued at $209,000. Cookson Peirce & Co. Inc. bought a new position in Amplify Mobile Payments ETF in the 4th quarter worth about $301,000. Finally, Flagship Harbor Advisors LLC boosted its position in shares of Amplify Mobile Payments ETF by 43.6% during the fourth quarter. Flagship Harbor Advisors LLC now owns 8,698 shares of the company’s stock worth $504,000 after buying an additional 2,641 shares during the period.
Amplify Mobile Payments ETF Price Performance
IPAY opened at $53.24 on Friday. The stock’s 50 day moving average price is $57.74 and its 200 day moving average price is $56.99. The stock has a market cap of $393.98 million, a P/E ratio of 22.19 and a beta of 1.43. Amplify Mobile Payments ETF has a 12 month low of $44.11 and a 12 month high of $62.24.
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.
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