SCHEDULE: PNC Financial Discloses 4.42% Stake in Digital Payments ETF

The PNC Financial Services Group, Inc. reported a 4.42% beneficial ownership in Amplify Digital Payments ETF as of December 31, 2025.

Summary

• The PNC Financial Services Group, Inc. (PNC) filed an Amendment No. 1 to its Schedule 13G, reporting its beneficial ownership in Amplify Digital Payments ETF.
• PNC beneficially owns 185,623 shares of the Amplify Digital Payments ETF.
• This ownership represents 4.42% of the total class of securities.
• PNC holds sole voting power over all 185,623 shares.
• PNC has sole dispositive power over 148,789 shares and shared dispositive power over 36,834 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it confirms a significant, passive institutional investment in the ETF, without indicating any negative developments or strategic shifts.

Positives

• A major financial institution, The PNC Financial Services Group, Inc., holds a significant stake in the Amplify Digital Payments ETF, potentially indicating institutional confidence in the fund or its underlying assets.

Negatives

• The filing itself does not present any negative financial or operational information regarding the issuer or the reporting person's investment.

Risks

• The filing does not detail specific risks related to the Amplify Digital Payments ETF or PNC's investment beyond the inherent risks of holding securities.

Future Outlook

The filing is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the issuer's or reporting person's future performance or strategy.

Management Comments

• "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities."

Industry Context

StockSavvy.ai notes that institutional holdings in thematic ETFs like the Amplify Digital Payments ETF can signal broader market interest in specific sectors, such as digital payments, from large financial players. PNC's stake, while passive, reflects a continued presence of traditional financial institutions in emerging technology-focused investment vehicles.

Comparison to Industry Standards

• A 4.42% stake is a significant institutional holding, though it remains below the 5% threshold that would typically trigger an initial Schedule 13G filing for a new passive investor. For comparison, other large financial institutions often hold similar or larger passive stakes in various ETFs as part of their asset management or trust activities.
• The filing indicates the investment is for ordinary course of business, consistent with how many banks and parent holding companies manage diversified portfolios through their trust and asset management subsidiaries.

Stakeholder Impact

• Shareholders of Amplify Digital Payments ETF: The presence of a large institutional investor like PNC may provide a degree of stability or validation for the ETF.

Next Steps

• The PNC Financial Services Group, Inc. will continue to report changes in its beneficial ownership of Amplify Digital Payments ETF as required by SEC regulations.

Key Dates

Keywords

PNC Financial Services, Amplify Digital Payments ETF, Schedule 13G, Beneficial Ownership, ETF, Digital Payments, Institutional Investment