United Asset Strategies Inc. Purchases Shares of 5,249 Amplify Mobile Payments ETF (NYSEARCA:IPAY)

United Asset Strategies Inc. purchased a new stake in Amplify Mobile Payments ETF (NYSEARCA:IPAY) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 5,249 shares of the company’s stock, valued at approximately $244,000.

Other large investors have also recently added to or reduced their stakes in the company. Brookstone Capital Management boosted its position in Amplify Mobile Payments ETF by 1.7% in the 4th quarter. Brookstone Capital Management now owns 23,276 shares of the company’s stock valued at $1,080,000 after buying an additional 396 shares during the last quarter. Citigroup Inc. lifted its stake in shares of Amplify Mobile Payments ETF by 4.8% in the 3rd quarter. Citigroup Inc. now owns 16,388 shares of the company’s stock valued at $641,000 after purchasing an additional 749 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Amplify Mobile Payments ETF by 286.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 173,363 shares of the company’s stock valued at $8,046,000 after purchasing an additional 128,550 shares during the period. Financial Engines Advisors L.L.C. lifted its stake in shares of Amplify Mobile Payments ETF by 6.4% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 47,679 shares of the company’s stock valued at $1,864,000 after purchasing an additional 2,886 shares during the period. Finally, Arkadios Wealth Advisors lifted its stake in shares of Amplify Mobile Payments ETF by 47.3% in the 4th quarter. Arkadios Wealth Advisors now owns 36,759 shares of the company’s stock valued at $1,706,000 after purchasing an additional 11,806 shares during the period.

Amplify Mobile Payments ETF Stock Up 0.2 %

IPAY stock opened at $48.37 on Thursday. The business’s fifty day moving average is $49.96 and its 200-day moving average is $44.97. The company has a market cap of $321.66 million, a P/E ratio of 25.13 and a beta of 1.09. Amplify Mobile Payments ETF has a twelve month low of $35.15 and a twelve month high of $52.92.

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.