Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Hits New 12-Month High – Here’s What Happened

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $42.98 and last traded at $42.90, with a volume of 5961 shares. The stock had previously closed at $40.39.

Amplify Transformational Data Sharing ETF Price Performance

The firm has a fifty day moving average of $37.56 and a 200 day moving average of $35.74. The stock has a market cap of $894.22 million, a price-to-earnings ratio of 17.73 and a beta of 1.64.

Institutional Investors Weigh In On Amplify Transformational Data Sharing ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new stake in shares of Amplify Transformational Data Sharing ETF during the 3rd quarter worth about $1,963,460,000. Jane Street Group LLC raised its stake in shares of Amplify Transformational Data Sharing ETF by 67.7% in the 1st quarter. Jane Street Group LLC now owns 274,508 shares of the company’s stock valued at $10,003,000 after acquiring an additional 110,801 shares during the period. Gradient Investments LLC lifted its holdings in shares of Amplify Transformational Data Sharing ETF by 50.2% in the 2nd quarter. Gradient Investments LLC now owns 171,083 shares of the company’s stock worth $6,068,000 after acquiring an additional 57,182 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Amplify Transformational Data Sharing ETF by 97.4% during the 1st quarter. Cetera Investment Advisers now owns 148,397 shares of the company’s stock worth $5,408,000 after purchasing an additional 73,208 shares during the period. Finally, Cetera Advisors LLC increased its holdings in Amplify Transformational Data Sharing ETF by 305.7% in the 1st quarter. Cetera Advisors LLC now owns 88,669 shares of the company’s stock valued at $3,231,000 after purchasing an additional 66,815 shares during the last quarter.

About Amplify Transformational Data Sharing ETF

The Amplify Transformational Data Sharing ETF (BLOK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio mainly consisting of global equities focusing on blockchain technology. BLOK was launched on Jan 16, 2018 and is managed by Amplify.