ETFMG
IPAY

ETFMG Prime Mobile Payments ETF

Investment Objective

The ETFMG Prime Mobile Payments ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Prime Mobile Payments Index.

Why Consider IPAY?

  • IPAY capitalizes on the shift from credit card and cash transactions to digital and electronic.
  • The first and only ETF to target the mobile payments industry.
  • Capitalizes on the transition taking place from cash/physical credit card payments to a mobile/digital system.
  • Benefits from the increasing use of smartphones, ecommerce, and the need for hassle free transacting.
Fund Pricesas of 08/16/2018

Fund Symbol NAV NAV Price Change Market Price Close Market Price Changes Premium/ Discount(%)
ETFMG Prime Mobile Payments ETF IPAY 40.45 0.35 40.48 0.34 0.07

 

Month End
Performance

1 Month 3 Month 6 Month 1 Year YTD Since Inception
NAV % 1.95 6.96 3.59 26.16 13.48 58.82
Market Value % 1.83 6.93 3.43 25.97 13.27 58.92

 

Quarter End
Performance

1 Month 3 Month 6 Month 1 Year YTD Since Inception
NAV % 1.27 6.92 11.31 30.48 11.31 55.77
Market Value % 1.38 6.83 11.24 30.35 11.24 56.07

*Fund performance before 8/1/17 was based upon the ISE Mobile Payments Index.

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 1-844-ETF-MGRS (1-844-383-6477).

 

Top Ten
Fund Holdings
as of 08/17/2018
Name % Total Net Assets Ticker Shares Held Market Value USD
VISA INC6.21%V188,466$26,507,743
MASTERCARD INCORPORATED6.06%MA126,930$25,842,948
AMERICAN EXPRESS CO6.05%AXP251,417$25,807,955
PAYPAL HLDGS INC6.02%PYPL301,098$25,689,681
FIDELITY NATL INFORMATION SVCS COM4.85%FIS194,701$20,704,504
FISERV INC4.62%FISV250,095$19,737,497
SQUARE INC4.54%SQ266,035$19,356,707
WORLDPAY INC4.45%WP204,766$18,989,999
WIRECARD AG4.37%WDI GR93,000$18,635,748
DISCOVER FINL SVCS4.10%DFS226,439$17,503,735

Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.