Everhart Financial Group Inc. Acquires New Position in Amplify Digital Payments ETF $IPAY

Everhart Financial Group Inc. bought a new position in Amplify Digital Payments ETF (NYSEARCA:IPAY) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 13,870 shares of the company’s stock, valued at approximately $722,000. Everhart Financial Group Inc. owned approximately 0.33% of Amplify Digital Payments ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IPAY. Sava Penzisko Drushtvo A.D. Skopje purchased a new position in Amplify Digital Payments ETF during the third quarter valued at approximately $8,769,000. Prudential PLC increased its stake in shares of Amplify Digital Payments ETF by 226.9% in the second quarter. Prudential PLC now owns 72,610 shares of the company’s stock worth $4,351,000 after purchasing an additional 50,400 shares in the last quarter. Biltmore Family Office LLC raised its position in shares of Amplify Digital Payments ETF by 3.3% during the 3rd quarter. Biltmore Family Office LLC now owns 49,975 shares of the company’s stock valued at $2,854,000 after purchasing an additional 1,615 shares during the period. Flow Traders U.S. LLC lifted its stake in shares of Amplify Digital Payments ETF by 41.3% during the 2nd quarter. Flow Traders U.S. LLC now owns 29,675 shares of the company’s stock valued at $1,778,000 after buying an additional 8,668 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of Amplify Digital Payments ETF by 88.6% during the 2nd quarter. Jane Street Group LLC now owns 21,500 shares of the company’s stock valued at $1,288,000 after buying an additional 10,101 shares in the last quarter.

Amplify Digital Payments ETF Stock Performance

Shares of Amplify Digital Payments ETF stock opened at $42.66 on Friday. The company has a fifty day moving average of $46.91 and a 200 day moving average of $52.09. Amplify Digital Payments ETF has a fifty-two week low of $42.24 and a fifty-two week high of $60.99. The company has a market capitalization of $172.77 million, a P/E ratio of 22.03 and a beta of 1.37.

Amplify Digital Payments ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a $0.4108 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, December 30th.

Amplify Digital Payments ETF Company 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.