Oppenheimer & Co. Inc. Has $738,000 Position in Amplify Mobile Payments ETF (NYSEARCA:IPAY)

Oppenheimer & Co. Inc. cut its holdings in Amplify Mobile Payments ETF (NYSEARCA:IPAY) by 16.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 14,118 shares of the company’s stock after selling 2,805 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.22% of Amplify Mobile Payments ETF worth $738,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Amplify Mobile Payments ETF by 5,370.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 547 shares of the company’s stock valued at $26,000 after buying an additional 537 shares during the period. SouthState Corp acquired a new position in Amplify Mobile Payments ETF in the 2nd quarter worth $28,000. Banque Cantonale Vaudoise bought a new position in Amplify Mobile Payments ETF during the 2nd quarter worth about $78,000. Bank of New Hampshire acquired a new stake in shares of Amplify Mobile Payments ETF in the 2nd quarter valued at about $234,000. Finally, Blair William & Co. IL lifted its holdings in shares of Amplify Mobile Payments ETF by 57.6% in the second quarter. Blair William & Co. IL now owns 6,486 shares of the company’s stock valued at $303,000 after purchasing an additional 2,371 shares in the last quarter.

Amplify Mobile Payments ETF Stock Performance

NYSEARCA:IPAY opened at $59.81 on Wednesday. The stock has a 50-day simple moving average of $53.98 and a 200 day simple moving average of $50.35. Amplify Mobile Payments ETF has a 52-week low of $40.67 and a 52-week high of $60.10. The company has a market cap of $388.77 million, a PE ratio of 24.11 and a beta of 1.32.

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.