Amplify Mobile Payments ETF (NYSEARCA:IPAY) Shares Sold by Bank of New Hampshire

Bank of New Hampshire lowered its position in shares of Amplify Mobile Payments ETF (NYSEARCA:IPAY) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 40,828 shares of the company’s stock after selling 2,641 shares during the quarter. Bank of New Hampshire owned approximately 0.41% of Amplify Mobile Payments ETF worth $1,895,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Brookstone Capital Management raised its stake in Amplify Mobile Payments ETF by 1.7% during the fourth quarter. Brookstone Capital Management now owns 23,276 shares of the company’s stock worth $1,080,000 after purchasing an additional 396 shares during the period. United Asset Strategies Inc. purchased a new position in Amplify Mobile Payments ETF during the fourth quarter worth approximately $244,000. Citigroup Inc. raised its stake in Amplify Mobile Payments ETF by 4.8% during the third quarter. Citigroup Inc. now owns 16,388 shares of the company’s stock worth $641,000 after purchasing an additional 749 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in Amplify Mobile Payments ETF by 286.9% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 173,363 shares of the company’s stock worth $8,046,000 after purchasing an additional 128,550 shares during the period. Finally, Arkadios Wealth Advisors raised its stake in shares of Amplify Mobile Payments ETF by 47.3% in the 4th quarter. Arkadios Wealth Advisors now owns 36,759 shares of the company’s stock valued at $1,706,000 after acquiring an additional 11,806 shares during the period.

Amplify Mobile Payments ETF Stock Up 1.4 %

Shares of IPAY stock traded up $0.67 during mid-day trading on Friday, reaching $49.18. The company’s stock had a trading volume of 5,721 shares, compared to its average volume of 35,294. The company’s 50 day simple moving average is $50.16 and its 200-day simple moving average is $45.36. Amplify Mobile Payments ETF has a 12-month low of $35.15 and a 12-month high of $52.92. The firm has a market capitalization of $327.05 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.