Roundhill Investments - S&P 500 Target 10 Managed Distribution ETF
TPAY
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Andrew Serowik
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 154 West 14th Street, 2nd Floor New York NY United States of America 10011
- IPO Date
- Jan 31, 2019
- CIK
- 0001511699
- Website
- roundhillinvestments.com
- Similar Companies
- Business
- Ecofin Digital Payments Infrastructure Fund (TPAY) is an exchange-traded fund (ETF) that provides passive exposure to companies materially engaged in the global digital payments infrastructure sector. Launched on January 31, 2019, and domiciled in the United States, the fund tracks the Ecofin Global Digital Payments Infrastructure Index using a full replication strategy; it invests across public equity markets worldwide, with primary allocation to North America (approximately 82%), Europe (13%), and Asia Pacific (5%). The fund's core holdings encompass companies providing electronic transaction processing (47% of revenue exposure), credit card networks (20%), merchant payment products and services (12%), payments fintech (10%), electronic payment processing and management (8%), credit card issuers (2%), and financial services marketplaces (1%); top positions as of late 2021 included Mastercard, Visa, Global Payments, and Discover Financial Services. The ETF focuses on growth and value stocks across diversified market capitalizations in sectors like technology services (46%), commercial services (26%), and finance (25%), targeting the shift from cash to digital payments including merchant acquirers, processors, settlement networks, mobile payments, point-of-sale devices, and peer-to-peer matching engines. As of November 29, 2022, Managed Portfolio Series - Ecofin Digital Payments Infrastructure Fund ceased operations and went out of business, with co-management previously handled by Vident Investment Advisory, LLC and Tortoise Index Solutions, LLC under the broader TortoiseEcofin sustainable investment framework.