Cookson Peirce & Co. Inc. Lowers Stock Position in Amplify Digital Payments ETF $IPAY

Cookson Peirce & Co. Inc. decreased its position in shares of Amplify Digital Payments ETF (NYSEARCA:IPAY) by 4.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,778 shares of the company’s stock after selling 221 shares during the period. Cookson Peirce & Co. Inc. owned 0.10% of Amplify Digital Payments ETF worth $286,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IPAY. Sowell Financial Services LLC purchased a new stake in Amplify Digital Payments ETF during the second quarter valued at approximately $2,365,000. Arkadios Wealth Advisors purchased a new stake in Amplify Digital Payments ETF during the first quarter valued at approximately $558,000. Banque Transatlantique SA purchased a new stake in Amplify Digital Payments ETF during the first quarter valued at approximately $469,000. Chicago Partners Investment Group LLC purchased a new stake in Amplify Digital Payments ETF during the first quarter valued at approximately $295,000. Finally, Arete Wealth Advisors LLC purchased a new stake in Amplify Digital Payments ETF during the first quarter valued at approximately $223,000.

Amplify Digital Payments ETF Stock Up 0.8%

NYSEARCA:IPAY opened at $57.48 on Friday. Amplify Digital Payments ETF has a 52 week low of $44.83 and a 52 week high of $62.24. The firm has a 50 day moving average of $58.37 and a 200 day moving average of $57.12. The stock has a market capitalization of $258.66 million, a price-to-earnings ratio of 22.03 and a beta of 1.25.

About Amplify Digital 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.