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ETFMG Prime Mobile Payments ETF (IPAY)

fintech mobile-payments technology

This ETF provides targeted exposure to companies involved in electronic and mobile payments. It captures firms across the payments ecosystem, from credit card networks to digital wallet providers. The fund offers a way to invest in the shift towards cashless transactions and digital financial services. Its focus on a specific segment of the fintech revolution could appeal to investors betting on the continued growth of electronic payment solutions worldwide.

Key Info

AUM $600M
Expense Ratio 0.75%
Inception Date July 15, 2015
Distribution Frequency Annually
Weighting Method Modified market cap
Number of Holdings 40
Tracking Index Prime Mobile Payments Index

See Also

FINX ARKF TPAY

Last updated: September 12, 2024