Financial Partners Group Inc Grows Position in ETFMG Prime Mobile Payments ETF (NYSEARCA:IPAY)

Financial Partners Group Inc raised its position in shares of ETFMG Prime Mobile Payments ETF (NYSEARCA:IPAYGet Rating) by 48.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,799 shares of the company’s stock after buying an additional 7,095 shares during the quarter. Financial Partners Group Inc owned about 0.13% of ETFMG Prime Mobile Payments ETF worth $1,184,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IPAY. FMR LLC grew its holdings in ETFMG Prime Mobile Payments ETF by 8,022.2% during the 1st quarter. FMR LLC now owns 731 shares of the company’s stock valued at $31,000 after buying an additional 722 shares in the last quarter. Morgan Stanley grew its holdings in ETFMG Prime Mobile Payments ETF by 14.9% during the 2nd quarter. Morgan Stanley now owns 30,650 shares of the company’s stock valued at $2,159,000 after buying an additional 3,982 shares in the last quarter. Creative Planning lifted its stake in shares of ETFMG Prime Mobile Payments ETF by 1.9% in the 3rd quarter. Creative Planning now owns 13,529 shares of the company’s stock valued at $915,000 after purchasing an additional 248 shares during the last quarter. Magnolia Capital Advisors LLC bought a new stake in shares of ETFMG Prime Mobile Payments ETF in the 3rd quarter valued at approximately $482,000. Finally, PSI Advisors LLC bought a new stake in shares of ETFMG Prime Mobile Payments ETF in the 3rd quarter valued at approximately $56,000.

Shares of NYSEARCA:IPAY traded up $2.34 during trading on Friday, hitting $42.76. The company had a trading volume of 381,381 shares, compared to its average volume of 149,856. ETFMG Prime Mobile Payments ETF has a one year low of $39.21 and a one year high of $72.90. The company has a fifty day simple moving average of $48.48 and a two-hundred day simple moving average of $53.84.

Further Reading

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Institutional Ownership by Quarter for ETFMG Prime Mobile Payments ETF (NYSEARCA:IPAY)

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