TCG Advisory Services LLC Has $556,000 Holdings in Amplify Mobile Payments ETF (NYSEARCA:IPAY)

TCG Advisory Services LLC trimmed its position in Amplify Mobile Payments ETF (NYSEARCA:IPAY) by 14.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,983 shares of the company’s stock after selling 2,036 shares during the quarter. TCG Advisory Services LLC owned approximately 0.12% of Amplify Mobile Payments ETF worth $556,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Raymond James Financial Services Advisors Inc. boosted its stake in 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 worth $8,046,000 after purchasing an additional 128,550 shares during the period. Grimes & Company Inc. acquired a new stake in shares of Amplify Mobile Payments ETF in the fourth quarter worth $3,745,000. Arkadios Wealth Advisors grew its holdings in shares of Amplify Mobile Payments ETF by 47.3% during the fourth quarter. Arkadios Wealth Advisors now owns 36,759 shares of the company’s stock valued at $1,706,000 after buying an additional 11,806 shares in the last quarter. Redhawk Wealth Advisors Inc. acquired a new position in Amplify Mobile Payments ETF during the fourth quarter valued at $526,000. Finally, Koshinski Asset Management Inc. lifted its stake in Amplify Mobile Payments ETF by 63.9% in the 4th quarter. Koshinski Asset Management Inc. now owns 19,600 shares of the company’s stock worth $910,000 after acquiring an additional 7,640 shares in the last quarter.

Amplify Mobile Payments ETF Trading Up 0.2 %

NYSEARCA IPAY traded up $0.11 during trading on Friday, reaching $48.44. 14,605 shares of the company’s stock were exchanged, compared to its average volume of 34,142. Amplify Mobile Payments ETF has a fifty-two week low of $35.15 and a fifty-two week high of $52.92. The company’s fifty day simple moving average is $50.22 and its 200-day simple moving average is $45.81. The firm has a market capitalization of $322.13 million, a PE ratio of 24.30 and a beta of 1.28.

Amplify Mobile 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.