Atria Wealth Solutions Inc. Sells 650 Shares of Amplify Mobile Payments ETF (NYSEARCA:IPAY)

Atria Wealth Solutions Inc. lowered its position in shares of Amplify Mobile Payments ETF (NYSEARCA:IPAY) by 6.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,365 shares of the company’s stock after selling 650 shares during the period. Atria Wealth Solutions Inc. owned approximately 0.09% of Amplify Mobile Payments ETF worth $435,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in IPAY. Lyell Wealth Management LP increased its holdings in shares of Amplify Mobile Payments ETF by 9.9% in the 3rd quarter. Lyell Wealth Management LP now owns 5,175 shares of the company’s stock worth $202,000 after purchasing an additional 468 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in Amplify Mobile Payments ETF by 8.7% in the 3rd quarter. Wealthfront Advisers LLC now owns 5,539 shares of the company’s stock worth $217,000 after buying an additional 444 shares in the last quarter. United Asset Strategies Inc. purchased a new position in Amplify Mobile Payments ETF in the 4th quarter worth about $244,000. Twin Peaks Wealth Advisors LLC purchased a new position in Amplify Mobile Payments ETF in the 4th quarter worth about $265,000. Finally, Tempus Wealth Planning LLC lifted its stake in Amplify Mobile Payments ETF by 10.6% during the 4th quarter. Tempus Wealth Planning LLC now owns 8,519 shares of the company’s stock valued at $395,000 after acquiring an additional 819 shares during the period.

Amplify Mobile Payments ETF Stock Up 1.3 %

Shares of IPAY stock opened at $49.06 on Tuesday. The company has a 50 day moving average price of $50.22 and a 200-day moving average price of $45.94. Amplify Mobile Payments ETF has a 52 week low of $35.15 and a 52 week high of $52.92. The firm has a market capitalization of $326.25 million, a PE ratio of 24.30 and a beta of 1.28.

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.