IHT Wealth Management LLC Sells 600 Shares of Amplify Mobile Payments ETF (NYSEARCA:IPAY)

IHT Wealth Management LLC cut its holdings in Amplify Mobile Payments ETF (NYSEARCA:IPAY) by 10.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,984 shares of the company’s stock after selling 600 shares during the quarter. IHT Wealth Management LLC owned about 0.08% of Amplify Mobile Payments ETF worth $260,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IPAY. Northwestern Mutual Wealth Management Co. boosted its stake in Amplify Mobile Payments ETF by 5,370.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 547 shares of the company’s stock worth $26,000 after acquiring an additional 537 shares during the last quarter. SouthState Corp bought a new position in shares of Amplify Mobile Payments ETF during the second quarter worth $28,000. FMR LLC boosted its position in shares of Amplify Mobile Payments ETF by 61.6% during the third quarter. FMR LLC now owns 787 shares of the company’s stock worth $41,000 after purchasing an additional 300 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in shares of Amplify Mobile Payments ETF during the second quarter worth $78,000. Finally, Blair William & Co. IL boosted its position in shares of Amplify Mobile Payments ETF by 57.6% during the second quarter. Blair William & Co. IL now owns 6,486 shares of the company’s stock worth $303,000 after purchasing an additional 2,371 shares in the last quarter.

Amplify Mobile Payments ETF Trading Down 1.0 %

IPAY stock opened at $60.35 on Wednesday. The business’s 50-day moving average price is $56.83 and its two-hundred day moving average price is $51.63. The firm has a market cap of $392.28 million, a PE ratio of 24.11 and a beta of 1.32. Amplify Mobile Payments ETF has a 1-year low of $43.60 and a 1-year high of $62.08.

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.