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

Fmr LLC boosted its holdings in shares of Amplify Mobile Payments ETF (NYSEARCA:IPAY) by 61.6% in the third quarter, Holdings Channel.com reports. The fund 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 quarter.

Other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Amplify Mobile Payments ETF by 5,370.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 547 shares of the company’s stock worth $26,000 after purchasing an additional 537 shares during the last quarter. SouthState Corp bought a new position in shares of Amplify Mobile Payments ETF in the second quarter worth about $28,000. Banque Cantonale Vaudoise purchased a new position in Amplify Mobile Payments ETF in the 2nd quarter worth about $78,000. Blair William & Co. IL lifted 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 valued at $303,000 after buying an additional 2,371 shares in the last quarter. Finally, Wolf Group Capital Advisors purchased a new stake in Amplify Mobile Payments ETF in the 2nd quarter valued at about $473,000.

Amplify Mobile Payments ETF Trading Up 1.3 %

IPAY opened at $59.91 on Thursday. The business’s fifty day simple moving average is $58.32 and its 200-day simple moving average is $52.48. The company has a market capitalization of $389.42 million, a price-to-earnings 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.

About Amplify Mobile Payments ETF

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.