For investors seeking momentum, ETFMG Prime Mobile Payments ETF IPAY is probably on radar now. The fund just hit a 52-week high and is up nearly 35.9% from its 52-week low price of $28.53/share.But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea on where it might be headed.IPAY in Focus This ETF tracks the ISE Mobile Payments Index to provide exposure to the performance of companies engaged in the mobile/electronic payments business. This approach results in the fund holding a basket of 31 stocks. PAX Global Technology, GMO Payment Gateway and Intelligent Wave are the top three stocks of the fund. The product charges 75 bps in net fees (see all Technology ETFs here).Why the Move? The gradual shift to online from physical payments globally has benefitted this ETF. As per Global X, digital payments are expected to expand 58% from $635 billion in 2014 to $1 trillion in 2019 while ResearchAndMarkets.com expects global digital payments market to log a CAGR of 14.1% from 2018 to 2023. All these are creating a great situation for those in the digital payment segment.More Gains Ahead? It seems that the fund will perform decently in the near term given a positive weighted alpha of 32.60. Some of the companies that make up this ETF come from a top-ranked Zacks industry.Want key ETF info delivered straight to your inbox?Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PF ISE MOBLPAY (IPAY): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report