Sowell Financial Services LLC acquired a new stake in shares of Amplify Digital Payments ETF (NYSEARCA:IPAY – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 39,463 shares of the company’s stock, valued at approximately $2,365,000. Sowell Financial Services LLC owned 0.81% of Amplify Digital Payments ETF at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in IPAY. Banque Cantonale Vaudoise purchased a new stake in shares of Amplify Digital Payments ETF during the 1st quarter worth approximately $39,000. Strategic Blueprint LLC lifted its position in Amplify Digital Payments ETF by 7.4% in the first quarter. Strategic Blueprint LLC now owns 3,866 shares of the company’s stock worth $206,000 after buying an additional 265 shares during the last quarter. Arete Wealth Advisors LLC bought a new stake in Amplify Digital Payments ETF in the first quarter worth $223,000. Dale Q Rice Investment Management Ltd bought a new stake in Amplify Digital Payments ETF in the first quarter worth $292,000. Finally, Chicago Partners Investment Group LLC bought a new stake in Amplify Digital Payments ETF in the first quarter worth $295,000.
Amplify Digital Payments ETF Stock Down 0.6%
IPAY stock opened at $59.37 on Monday. The business’s fifty day simple moving average is $59.03 and its two-hundred day simple moving average is $56.47. Amplify Digital Payments ETF has a twelve month low of $44.83 and a twelve month high of $62.24. The firm has a market cap of $284.98 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.
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