Jane Street Group LLC Increases Holdings in Amplify Mobile Payments ETF (NYSEARCA:IPAY)

Jane Street Group LLC lifted its position in shares of Amplify Mobile Payments ETF (NYSEARCA:IPAY) by 57.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,997 shares of the company’s stock after acquiring an additional 6,953 shares during the quarter. Jane Street Group LLC owned 0.29% of Amplify Mobile Payments ETF worth $1,101,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IPAY. Wells Fargo & Company MN purchased a new stake in Amplify Mobile Payments ETF during the fourth quarter worth $25,000. CIBC Private Wealth Group LLC boosted its position in shares of Amplify Mobile Payments ETF by 64.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 824 shares of the company’s stock worth $48,000 after buying an additional 323 shares in the last quarter. MTM Investment Management LLC purchased a new stake in shares of Amplify Mobile Payments ETF in the 4th quarter worth about $58,000. Strategic Blueprint LLC purchased a new stake in shares of Amplify Mobile Payments ETF in the 4th quarter worth about $209,000. Finally, Cookson Peirce & Co. Inc. purchased a new stake in shares of Amplify Mobile Payments ETF in the 4th quarter worth about $301,000.

Amplify Mobile Payments ETF Price Performance

Shares of NYSEARCA IPAY opened at $55.74 on Thursday. Amplify Mobile Payments ETF has a 12-month low of $44.11 and a 12-month high of $62.24. The company has a market capitalization of $412.48 million, a PE ratio of 22.00 and a beta of 1.40. The firm’s 50-day moving average is $53.10 and its two-hundred day moving average is $56.97.

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.