Amplify Digital Payments ETF $IPAY Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lessened its stake in shares of Amplify Digital Payments ETF (NYSEARCA:IPAY) by 16.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,654 shares of the company’s stock after selling 3,318 shares during the period. Prime Capital Investment Advisors LLC owned 0.34% of Amplify Digital Payments ETF worth $998,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of IPAY. Wolf Group Capital Advisors acquired a new position in shares of Amplify Digital Payments ETF during the 1st quarter worth about $355,000. Dale Q Rice Investment Management Ltd acquired a new stake in Amplify Digital Payments ETF in the 1st quarter valued at about $292,000. Cambridge Investment Research Advisors Inc. raised its holdings in Amplify Digital Payments ETF by 1.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 19,576 shares of the company’s stock valued at $1,042,000 after acquiring an additional 275 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in Amplify Digital Payments ETF by 2.1% in the 1st quarter. Oppenheimer & Co. Inc. now owns 14,265 shares of the company’s stock valued at $759,000 after acquiring an additional 298 shares during the last quarter. Finally, Strategic Blueprint LLC raised its holdings in Amplify Digital Payments ETF by 7.4% in the 1st quarter. Strategic Blueprint LLC now owns 3,866 shares of the company’s stock valued at $206,000 after acquiring an additional 265 shares during the last quarter.

Amplify Digital Payments ETF Trading Down 0.4%

IPAY stock opened at $58.38 on Friday. The company has a market cap of $265.63 million, a price-to-earnings ratio of 22.03 and a beta of 1.25. Amplify Digital Payments ETF has a 12 month low of $44.83 and a 12 month high of $62.24. The firm has a 50-day moving average of $58.51 and a two-hundred day moving average of $56.84.

Amplify Digital Payments ETF 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.