Johnson Investment Counsel Inc. bought a new stake in Amplify Mobile Payments ETF (NYSEARCA:IPAY – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 15,296 shares of the company’s stock, valued at approximately $887,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FMR LLC lifted its holdings 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 worth $41,000 after acquiring an additional 300 shares during the period. MTM Investment Management LLC purchased a new position in shares of Amplify Mobile Payments ETF during the 4th quarter worth about $58,000. Strategic Blueprint LLC purchased a new position in shares of Amplify Mobile Payments ETF during the 4th quarter worth about $209,000. Cookson Peirce & Co. Inc. purchased a new position in shares of Amplify Mobile Payments ETF during the 4th quarter worth about $301,000. Finally, Flagship Harbor Advisors LLC lifted its holdings in shares of 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 worth $504,000 after acquiring an additional 2,641 shares during the period.
Amplify Mobile Payments ETF Price Performance
Shares of IPAY stock opened at $52.79 on Thursday. The firm has a market cap of $390.65 million, a P/E ratio of 22.42 and a beta of 1.43. Amplify Mobile Payments ETF has a 1-year low of $44.11 and a 1-year high of $62.24. The firm’s 50-day simple moving average is $58.80 and its 200-day simple moving average is $56.76.
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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