Johnson Investment Counsel Inc. Sells 1,400 Shares of Amplify Digital Payments ETF $IPAY

Johnson Investment Counsel Inc. lessened its holdings in Amplify Digital Payments ETF (NYSEARCA:IPAY) by 9.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,896 shares of the company’s stock after selling 1,400 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Amplify Digital Payments ETF were worth $833,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strategic Blueprint LLC raised its position in Amplify Digital Payments ETF by 7.4% during the first quarter. Strategic Blueprint LLC now owns 3,866 shares of the company’s stock worth $206,000 after acquiring an additional 265 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of Amplify Digital Payments ETF by 1.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 19,576 shares of the company’s stock valued at $1,042,000 after purchasing an additional 275 shares during the period. Oppenheimer & Co. Inc. grew its stake in shares of Amplify Digital Payments ETF by 2.1% in the first quarter. Oppenheimer & Co. Inc. now owns 14,265 shares of the company’s stock valued at $759,000 after acquiring an additional 298 shares in the last quarter. Blair William & Co. IL grew its stake in shares of Amplify Digital Payments ETF by 7.5% in the first quarter. Blair William & Co. IL now owns 6,575 shares of the company’s stock valued at $350,000 after acquiring an additional 460 shares in the last quarter. Finally, Banque Cantonale Vaudoise acquired a new position in shares of Amplify Digital Payments ETF in the first quarter valued at about $39,000.

Amplify Digital Payments ETF Stock Up 1.1%

Shares of Amplify Digital Payments ETF stock opened at $57.06 on Wednesday. The company has a market capitalization of $259.62 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’s 50-day moving average price is $58.49 and its two-hundred day moving average price is $56.89.

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.