Cetera Advisors LLC Lowers Position in ETFMG Prime Mobile Payments ETF (NYSEARCA:IPAY)

Cetera Advisors LLC cut its holdings in shares of ETFMG Prime Mobile Payments ETF (NYSEARCA:IPAY) by 34.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,898 shares of the company’s stock after selling 2,547 shares during the quarter. Cetera Advisors LLC’s holdings in ETFMG Prime Mobile Payments ETF were worth $230,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Arlington Capital Management Inc. acquired a new position in ETFMG Prime Mobile Payments ETF during the 2nd quarter worth about $16,131,000. Raymond James Financial Services Advisors Inc. lifted its stake in ETFMG Prime Mobile Payments ETF by 1.9% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 147,513 shares of the company’s stock worth $6,337,000 after acquiring an additional 2,717 shares in the last quarter. LPL Financial LLC lifted its stake in ETFMG Prime Mobile Payments ETF by 5.6% during the 2nd quarter. LPL Financial LLC now owns 137,166 shares of the company’s stock worth $6,433,000 after acquiring an additional 7,301 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its stake in ETFMG Prime Mobile Payments ETF by 7.8% during the 2nd quarter. Financial Engines Advisors L.L.C. now owns 87,646 shares of the company’s stock worth $4,111,000 after acquiring an additional 6,368 shares in the last quarter. Finally, AE Wealth Management LLC lifted its stake in ETFMG Prime Mobile Payments ETF by 52.6% during the 2nd quarter. AE Wealth Management LLC now owns 67,410 shares of the company’s stock worth $3,162,000 after acquiring an additional 23,230 shares in the last quarter.

IPAY stock opened at $47.09 on Thursday. The business’s 50-day moving average is $48.25 and its two-hundred day moving average is $45.34. ETFMG Prime Mobile Payments ETF has a 1 year low of $32.40 and a 1 year high of $50.03.

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

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