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

Oppenheimer & Co. Inc. cut its holdings in shares of Amplify Mobile Payments ETF (NYSEARCA:IPAYFree Report) by 16.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,118 shares of the company’s stock after selling 2,805 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Amplify Mobile Payments ETF were worth $738,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IPAY. Susquehanna International Group LLP grew its stake in shares of Amplify Mobile Payments ETF by 83.7% in the second quarter. Susquehanna International Group LLP now owns 90,435 shares of the company’s stock valued at $4,231,000 after buying an additional 41,209 shares in the last quarter. Wolf Group Capital Advisors bought a new position in shares of Amplify Mobile Payments ETF in the 2nd quarter valued at about $473,000. Cetera Advisors LLC increased its stake in shares of Amplify Mobile Payments ETF by 71.2% during the 1st quarter. Cetera Advisors LLC now owns 21,735 shares of the company’s stock worth $1,144,000 after purchasing an additional 9,041 shares during the last quarter. Alpine Global Management LLC bought a new stake in shares of Amplify Mobile Payments ETF in the 1st quarter valued at about $441,000. Finally, Bank of New Hampshire acquired a new stake in Amplify Mobile Payments ETF in the 2nd quarter valued at about $234,000.

Amplify Mobile Payments ETF Stock Performance

Amplify Mobile Payments ETF stock 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. The stock has a market capitalization of $388.77 million, a P/E ratio of 24.11 and a beta of 1.32. Amplify Mobile Payments ETF has a 52 week low of $40.67 and a 52 week high of $60.10.

About Amplify Mobile Payments ETF

(Free Report)

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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Institutional Ownership by Quarter for Amplify Mobile Payments ETF (NYSEARCA:IPAY)

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