Janney Montgomery Scott LLC Sells 356 Shares of ETFMG Prime Mobile Payments ETF (NYSEARCA:IPAY)

Janney Montgomery Scott LLC trimmed its position in ETFMG Prime Mobile Payments ETF (NYSEARCA:IPAYGet Rating) by 2.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,718 shares of the company’s stock after selling 356 shares during the period. Janney Montgomery Scott LLC’s holdings in ETFMG Prime Mobile Payments ETF were worth $556,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Royal Bank of Canada boosted its stake in shares of ETFMG Prime Mobile Payments ETF by 13.8% during the 1st quarter. Royal Bank of Canada now owns 196,446 shares of the company’s stock valued at $10,239,000 after purchasing an additional 23,872 shares in the last quarter. Cavalier Investments LLC increased its stake in shares of ETFMG Prime Mobile Payments ETF by 1.6% in the second quarter. Cavalier Investments LLC now owns 123,088 shares of the company’s stock worth $4,816,000 after purchasing an additional 1,909 shares in the last quarter. Scotia Capital Inc. boosted its position in shares of ETFMG Prime Mobile Payments ETF by 0.8% during the second quarter. Scotia Capital Inc. now owns 106,427 shares of the company’s stock worth $4,165,000 after acquiring an additional 863 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of ETFMG Prime Mobile Payments ETF during the first quarter worth $3,735,000. Finally, Raymond James Financial Services Advisors Inc. lifted its position in ETFMG Prime Mobile Payments ETF by 1.8% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 69,830 shares of the company’s stock valued at $2,636,000 after purchasing an additional 1,227 shares during the last quarter.

ETFMG Prime Mobile Payments ETF Price Performance

Shares of IPAY opened at $42.77 on Friday. ETFMG Prime Mobile Payments ETF has a twelve month low of $36.55 and a twelve month high of $55.72. The company’s fifty day simple moving average is $40.35 and its 200-day simple moving average is $41.15.

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

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