Financial Engines Advisors L.L.C. Purchases 7,454 Shares of ETFMG Prime Mobile Payments ETF (NYSEARCA:IPAY)

Financial Engines Advisors L.L.C. increased its stake in shares of ETFMG Prime Mobile Payments ETF (NYSEARCA:IPAYGet Rating) by 36.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 28,139 shares of the company’s stock after purchasing an additional 7,454 shares during the quarter. Financial Engines Advisors L.L.C. owned 0.17% of ETFMG Prime Mobile Payments ETF worth $1,634,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sigma Planning Corp increased its position in shares of ETFMG Prime Mobile Payments ETF by 10.5% during the 4th quarter. Sigma Planning Corp now owns 28,090 shares of the company’s stock valued at $1,631,000 after purchasing an additional 2,658 shares during the last quarter. CWM LLC bought a new position in shares of ETFMG Prime Mobile Payments ETF during the 4th quarter valued at approximately $871,000. Cox Capital Mgt LLC bought a new position in shares of ETFMG Prime Mobile Payments ETF during the 4th quarter valued at approximately $1,230,000. Wedbush Securities Inc. increased its position in shares of ETFMG Prime Mobile Payments ETF by 36.5% during the 4th quarter. Wedbush Securities Inc. now owns 32,862 shares of the company’s stock valued at $1,908,000 after purchasing an additional 8,795 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of ETFMG Prime Mobile Payments ETF by 31.7% during the 3rd quarter. LPL Financial LLC now owns 264,991 shares of the company’s stock valued at $17,932,000 after purchasing an additional 63,816 shares during the last quarter.

IPAY traded down $0.59 during trading hours on Tuesday, reaching $40.81. 1,385 shares of the company’s stock traded hands, compared to its average volume of 147,191. The firm has a 50-day moving average price of $48.97 and a 200 day moving average price of $54.42. ETFMG Prime Mobile Payments ETF has a 52-week low of $41.22 and a 52-week high of $72.90.

Featured Stories

Want to see what other hedge funds are holding IPAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ETFMG Prime Mobile Payments ETF (NYSEARCA:IPAYGet Rating).

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

Receive News & Ratings for ETFMG Prime Mobile Payments ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ETFMG Prime Mobile Payments ETF and related companies with MarketBeat.com's FREE daily email newsletter.