Biltmore Family Office LLC trimmed its holdings in shares of Amplify Mobile Payments ETF (NYSEARCA:IPAY – Free Report) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 48,825 shares of the company’s stock after selling 432 shares during the period. Biltmore Family Office LLC owned 0.75% of Amplify Mobile Payments ETF worth $2,831,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of IPAY. Sowell Financial Services LLC acquired a new position in shares of Amplify Mobile Payments ETF during the fourth quarter worth approximately $1,190,000. LPL Financial LLC boosted its position in Amplify Mobile Payments ETF by 21.4% during the 4th quarter. LPL Financial LLC now owns 95,665 shares of the company’s stock worth $5,547,000 after acquiring an additional 16,836 shares during the period. Raymond James Financial Inc. bought a new position in shares of Amplify Mobile Payments ETF in the fourth quarter worth $945,000. Johnson Investment Counsel Inc. acquired a new position in shares of Amplify Mobile Payments ETF during the fourth quarter valued at $887,000. Finally, Cookson Peirce & Co. Inc. bought a new stake in shares of Amplify Mobile Payments ETF during the fourth quarter valued at about $301,000.
Amplify Mobile Payments ETF Stock Up 1.8 %
IPAY stock opened at $54.68 on Thursday. The company has a market capitalization of $404.63 million, a P/E ratio of 22.19 and a beta of 1.43. The company has a 50-day simple moving average of $57.40 and a 200 day simple moving average of $57.11. Amplify Mobile Payments ETF has a fifty-two week low of $44.11 and a fifty-two week high of $62.24.
Amplify Mobile Payments ETF Company 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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