Symbols

IPAY

Amplify Digital Payments ETF·ARCA

--(--)

Key Stats

Assets Under Management

221.88MUSD

Fund Flows (1Y)

-76.94MUSD

Dividend Yield

0.77%

Discount/Premium to NAV

-0.02%

Shares Outstanding

4.20M

Expense Ratio

0.75%

About Amplify Digital Payments ETF

Issuer

Amplify Investments

Brand

Amplify

Home Page

https://amplifyetfs.com/ipay/

Inception Date

Jul 15, 2015

Structure

Open-Ended Fund

Index Tracked

Nasdaq CTA Global Digital Payments Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Amplify Investments LLC

Distributor

Foreside Fund Services LLC

IPAY passively provides pure-play exposure to the mobile payments industry. The index uses a sector classification scheme developed by the Consumer Technology Association (CTA) to identify companies that derive significant revenue from the following mobile payments categories: card networks, infrastructure & software, processors, and solutions. Eligible companies must meet minimum market capitalization and liquidity requirements. The index expects to hold a narrow portfolio of up to 50 companies, weighted using a theme-adjusted market capitalization scheme. The index is reconstituted semi-annually and rebalanced quarterly. Before January 29, 2024, IPAY traded under the brand name ETFMG and tracked the Prime Mobile Payments Index.