Amplify Digital Payments ETF (NYSEARCA:IPAY – Get Free Report)’s stock price shot up 2.5% during trading on Monday. The stock traded as high as $47.80 and last traded at $47.63. Approximately 94,013 shares traded hands during trading, an increase of 98% from the average session volume of 47,371 shares. The stock had previously closed at $46.46.
Amplify Digital Payments ETF Stock Performance
The company’s fifty day moving average is $49.95 and its two-hundred day moving average is $47.23. The firm has a market cap of $149.23 million, a price-to-earnings ratio of 22.03 and a beta of 1.24.
Institutional Trading of Amplify Digital Payments ETF
Several large investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new position in Amplify Digital Payments ETF during the 2nd quarter valued at $75,000. Royal Bank of Canada boosted its stake in Amplify Digital Payments ETF by 9.3% in the first quarter. Royal Bank of Canada now owns 41,543 shares of the company’s stock valued at $1,778,000 after acquiring an additional 3,540 shares during the period. Dynamic Advisor Solutions LLC acquired a new position in Amplify Digital Payments ETF during the 2nd quarter valued at approximately $456,000. Parallel Advisors LLC boosted its holdings in shares of Amplify Digital Payments ETF by 195.0% during the first quarter. Parallel Advisors LLC now owns 1,475 shares of the company’s stock valued at $63,000 after acquiring an additional 975 shares during the period. Finally, Fifth Third Bancorp acquired a new position in Amplify Digital Payments ETF during the 1st quarter valued at about $47,000.
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.
See Also
- Five stocks we like better than Amplify Digital Payments ETF
- Why Sticky Services Inflation Could Lift These 3 Stocks
- RPM International’s Dividend King Status Just Got Stronger
- The AI Boom’s Next Big Winners May Wear Hard Hats
- Rivian Escapes the EV Graveyard—But Can It Stay Alive?
Receive News & Ratings for Amplify Digital Payments ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amplify Digital Payments ETF and related companies with MarketBeat.com's FREE daily email newsletter.
