Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Reaches New 1-Year High – Still a Buy?

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $40.60 and last traded at $40.60, with a volume of 21435 shares trading hands. The stock had previously closed at $39.79.

Amplify Transformational Data Sharing ETF Trading Up 2.8 %

The business has a 50-day moving average of $36.23 and a two-hundred day moving average of $35.05. The firm has a market cap of $830.27 million, a P/E ratio of 17.73 and a beta of 1.64.

Institutional Trading of Amplify Transformational Data Sharing ETF

Several institutional investors have recently modified their holdings of BLOK. Jane Street Group LLC boosted its holdings in Amplify Transformational Data Sharing ETF by 67.7% in the first 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 last quarter. Cetera Investment Advisers increased its position in shares of Amplify Transformational Data Sharing ETF by 97.4% during the first quarter. Cetera Investment Advisers now owns 148,397 shares of the company’s stock worth $5,408,000 after buying an additional 73,208 shares during the period. Cetera Advisors LLC raised its stake in Amplify Transformational Data Sharing ETF by 305.7% during the first quarter. Cetera Advisors LLC now owns 88,669 shares of the company’s stock worth $3,231,000 after buying an additional 66,815 shares during the last quarter. Gradient Investments LLC lifted its holdings in Amplify Transformational Data Sharing ETF by 50.2% in the second quarter. Gradient Investments LLC now owns 171,083 shares of the company’s stock valued at $6,068,000 after buying an additional 57,182 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Amplify Transformational Data Sharing ETF in the third quarter valued at $1,967,000.

Amplify Transformational Data Sharing ETF Company Profile

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.