HUB Investment Partners LLC Has $470,000 Position in Amplify Mobile Payments ETF (NYSEARCA:IPAY)

HUB Investment Partners LLC cut its holdings in Amplify Mobile Payments ETF (NYSEARCA:IPAY) by 18.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,105 shares of the company’s stock after selling 1,879 shares during the quarter. HUB Investment Partners LLC owned about 0.12% of Amplify Mobile Payments ETF worth $470,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of IPAY. FMR LLC boosted its holdings in shares of Amplify Mobile Payments ETF by 61.6% in the third quarter. FMR LLC now owns 787 shares of the company’s stock valued at $41,000 after buying an additional 300 shares during the period. Sowell Financial Services LLC bought a new position in Amplify Mobile Payments ETF during the 4th quarter worth about $1,190,000. Florin Court Capital LLP raised its stake in shares of Amplify Mobile Payments ETF by 9.7% in the 4th quarter. Florin Court Capital LLP now owns 29,461 shares of the company’s stock valued at $1,708,000 after purchasing an additional 2,614 shares during the period. Cookson Peirce & Co. Inc. bought a new stake in shares of Amplify Mobile Payments ETF in the fourth quarter valued at about $301,000. Finally, Flagship Harbor Advisors LLC boosted its position in shares of Amplify Mobile Payments ETF by 43.6% during the fourth quarter. Flagship Harbor Advisors LLC now owns 8,698 shares of the company’s stock worth $504,000 after buying an additional 2,641 shares during the period.

Amplify Mobile Payments ETF Stock Performance

Shares of Amplify Mobile Payments ETF stock opened at $54.49 on Friday. The firm has a market cap of $403.23 million, a PE ratio of 22.42 and a beta of 1.43. The business’s 50 day simple moving average is $58.06 and its 200 day simple moving average is $56.82. Amplify Mobile Payments ETF has a 52-week low of $44.11 and a 52-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.