Wolf Group Capital Advisors Invests $473,000 in Amplify Mobile Payments ETF (NYSEARCA:IPAY)

Wolf Group Capital Advisors bought a new position in Amplify Mobile Payments ETF (NYSEARCA:IPAY) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 10,108 shares of the company’s stock, valued at approximately $473,000.

Several other large investors have also added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. boosted its holdings in Amplify Mobile Payments ETF by 15.6% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 200,348 shares of the company’s stock valued at $10,546,000 after acquiring an additional 26,985 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Amplify Mobile Payments ETF by 0.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 65,448 shares of the company’s stock valued at $3,445,000 after buying an additional 474 shares in the last quarter. Prudential PLC boosted its holdings in shares of Amplify Mobile Payments ETF by 7.1% during the 4th quarter. Prudential PLC now owns 38,710 shares of the company’s stock valued at $1,815,000 after buying an additional 2,550 shares in the last quarter. Brookstone Capital Management boosted its holdings in shares of Amplify Mobile Payments ETF by 3.7% during the 1st quarter. Brookstone Capital Management now owns 24,127 shares of the company’s stock valued at $1,270,000 after buying an additional 851 shares in the last quarter. Finally, Cetera Advisors LLC boosted its holdings 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 valued at $1,144,000 after buying an additional 9,041 shares in the last quarter.

Amplify Mobile Payments ETF Trading Up 0.3 %

Shares of IPAY stock opened at $51.68 on Friday. Amplify Mobile Payments ETF has a 12 month low of $35.15 and a 12 month high of $52.92. The stock has a market cap of $335.92 million, a PE ratio of 24.11 and a beta of 1.32. The company’s fifty day moving average price is $48.26 and its 200-day moving average price is $48.89.

Amplify Mobile 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.