Strategic Blueprint LLC Takes $209,000 Position in Amplify Mobile Payments ETF (NYSEARCA:IPAY)

Strategic Blueprint LLC purchased a new stake in Amplify Mobile Payments ETF (NYSEARCA:IPAY) in the fourth quarter, HoldingsChannel reports. The fund purchased 3,601 shares of the company’s stock, valued at approximately $209,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Amplify Mobile Payments ETF by 5,370.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 547 shares of the company’s stock valued at $26,000 after purchasing an additional 537 shares during the last quarter. FMR LLC increased its position in shares of Amplify Mobile Payments ETF by 61.6% during the 3rd quarter. FMR LLC now owns 787 shares of the company’s stock valued at $41,000 after purchasing an additional 300 shares during the last quarter. Flagship Harbor Advisors LLC raised 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 buying an additional 2,641 shares during the period. Florin Court Capital LLP bought a new stake in Amplify Mobile Payments ETF in the third quarter worth $1,403,000. Finally, Susquehanna International Group LLP boosted its stake in Amplify Mobile Payments ETF by 83.7% during the second quarter. Susquehanna International Group LLP now owns 90,435 shares of the company’s stock worth $4,231,000 after buying an additional 41,209 shares during the period.

Amplify Mobile Payments ETF Trading Down 0.9 %

Shares of IPAY opened at $61.19 on Monday. The company’s fifty day simple moving average is $59.86 and its 200-day simple moving average is $54.79. The company has a market cap of $397.74 million, a P/E ratio of 24.11 and a beta of 1.32. Amplify Mobile Payments ETF has a twelve month low of $44.11 and a twelve 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.