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IPAY®

ETFMG Prime Mobile Payments ETF 6

About IPAY®

IPAY capitalizes on the shift from credit card and cash transactions to digital and electronic systems.

  • The first 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.

About the Fund

The ETFMG Prime Mobile Payments ETF (IPAY®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Prime Mobile Payments Index. The Index provides a benchmark for investors interested in tracking the mobile and electronic payments industry, specifically focusing on credit card networks, payment infrastructure and software services, payment processing services, and payment solutions (such as smartcards, prepaid cards, virtual wallets).

About the Index

The Prime Mobile Payments Index (PMOBILEN) is designed to provide a benchmark for investors interested in tracking the mobile and electronic payments industry. The stocks are screened for liquidity and weighted according to a modified linear-based capitalization-weighted methodology. The Index generally is comprised of 25–40 securities. An investment cannot be made directly in an index.

Prime Indexes

Prime Indexes creates financial indexes that solve problems for both professional and self-directed investors. Prime Indexes are used as the basis for innovative new investment solutions for investors and use intuitive design principles so that new investment products can ultimately provide low-cost, efficient, and convenient access.

For more information, visit www.primeindexes.com.

Related Funds
Fund Summary
Fund Inception 7
7/15/2015
Ticker
IPAY
AUM as of 12/1/2021 1
$998,799,349
CUSIP
26924G409
ISIN
US26924G4091
Stock Exchange
NYSE ARCA
Expense Ratio
0.75%
Intraday NAV (IIV)
IPAY.IV
NAV Symbol
IPAY.NV
Rebalance Frequency
Quarterly
Index Provider
Prime Indexes
No. of Holdings 2
52
Index Ticker
PMOBILEN
Income Data
30-Day SEC Yield
as of 12/1/2021 5
0.34%
Security Lending Income 3
0.04%
Fund Documents
Research

Fund Prices

Last Updated 12/1/2021

Fund Name

ETFMG Prime Mobile Payments ETF

NAV

57.24

Nav Price Change

-1.01

Median Bid/Ask Spread (30 Day) (%) 4

0.11

Symbol

IPAY

Market Price Close

57.24

Market Price Changes

-1.02

Premium/Discount (%)

0.00


Month End Performance

Last Updated 10/31/2021

NAV% Market Value%
Cumulative    
1 Month -3.95 -3.55
3 Months -7.32 -7.04
6 Months -8.82 -8.71
YTD -2.09 -1.88
Since Inception Cumulative 163.90 164.31
Annual    
1 Year 28.33 28.51
3 Year 18.81 18.95
5 Year 21.54 21.51
Since Inception Annualized 16.66 16.69

Quarter End Performance

Last Updated 09/30/2021

NAV% Market Value%
Cumulative    
1 Month -6.16 -6.26
3 Months -3.80 -3.92
6 Months 1.92 1.32
YTD 1.94 1.73
Since Inception Cumulative 174.74 174.02
Annual    
1 Year 24.91 24.39
3 Year 16.82 16.67
5 Year 22.34 22.12
Since Inception Annualized 17.67 17.62

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 10 Holdings

Last Updated 12/1/2021

Name % Total Assets Ticker Shares Held Market Value USD
AMERICAN EXPRESS CO7.04%AXP461,973$70,358,487.90
MASTERCARD INCORPORATED6.92%MA219,359$69,080,536.28
VISA INC6.48%V333,943$64,708,135.11
ADYEN NV6.31%ADYEN NA22,689$62,977,825.60
SQUARE INC5.87%SQ281,506$58,646,144.98
FIDELITY NATL INFORMATION SVCS COM5.03%FIS480,491$50,211,309.50
FISERV INC5.00%FISV517,518$49,950,837.36
PAYPAL HLDGS INC4.85%PYPL262,191$48,476,493.99
AFFIRM HLDGS INC3.73%AFRM294,480$37,304,726.40
GLOBAL PMTS INC3.12%GPN262,095$31,199,788.80

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

Premium Discount Chart
Related Funds
Fund Summary
Fund Inception 7
7/15/2015
Ticker
IPAY
AUM as of 12/1/2021 1
$998,799,349
CUSIP
26924G409
ISIN
US26924G4091
Stock Exchange
NYSE ARCA
Expense Ratio
0.75%
Intraday NAV (IIV)
IPAY.IV
NAV Symbol
IPAY.NV
Rebalance Frequency
Quarterly
Index Provider
Prime Indexes
No. of Holdings 2
52
Index Ticker
PMOBILEN
Income Data
30-Day SEC Yield
as of 12/1/2021 5
0.34%
Security Lending Income 3
0.04%
Fund Documents
Research

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