Amplify Digital Payments ETF $IPAY Stock Holdings Trimmed by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in shares of Amplify Digital Payments ETF (NYSEARCA:IPAY) by 17.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 184,216 shares of the company’s stock after selling 38,241 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Amplify Digital Payments ETF were worth $7,884,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of IPAY. Financial Engines Advisors L.L.C. grew its position in shares of Amplify Digital Payments ETF by 7.7% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 62,912 shares of the company’s stock worth $3,274,000 after acquiring an additional 4,491 shares in the last quarter. Jane Street Group LLC raised its position in shares of Amplify Digital Payments ETF by 37.3% during the 4th quarter. Jane Street Group LLC now owns 29,671 shares of the company’s stock valued at $1,544,000 after acquiring an additional 8,065 shares in the last quarter. Bank of Montreal Can raised its position in shares of Amplify Digital Payments ETF by 1,242.6% during the 4th quarter. Bank of Montreal Can now owns 24,033 shares of the company’s stock valued at $1,251,000 after acquiring an additional 22,243 shares in the last quarter. SOL Capital Management CO raised its position in shares of Amplify Digital Payments ETF by 88.1% during the 4th quarter. SOL Capital Management CO now owns 18,417 shares of the company’s stock valued at $958,000 after acquiring an additional 8,625 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in Amplify Digital Payments ETF by 36.8% during the second quarter. Osaic Holdings Inc. now owns 15,129 shares of the company’s stock worth $907,000 after purchasing an additional 4,068 shares during the last quarter.

Amplify Digital Payments ETF Price Performance

Shares of IPAY opened at $48.01 on Monday. The stock has a market capitalization of $163.23 million, a PE ratio of 22.03 and a beta of 1.23. The business’s fifty day moving average price is $46.08 and its 200 day moving average price is $46.36. Amplify Digital Payments ETF has a 12-month low of $41.26 and a 12-month high of $60.99.

About Amplify Digital Payments ETF

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.