Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Sees Strong Trading Volume – What’s Next?

Shares of Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) saw an uptick in trading volume on Tuesday . 315,642 shares were traded during trading, an increase of 31% from the previous session’s volume of 241,049 shares.The stock last traded at $43.60 and had previously closed at $43.75.

Amplify Transformational Data Sharing ETF Stock Down 1.3 %

The firm has a 50 day simple moving average of $47.22 and a two-hundred day simple moving average of $40.13. The stock has a market capitalization of $876.76 million, a P/E ratio of 17.73 and a beta of 1.64.

Institutional Trading of Amplify Transformational Data Sharing ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC bought a new position in Amplify Transformational Data Sharing ETF in the 3rd quarter valued at about $1,963,460,000. HighTower Advisors LLC lifted its position in Amplify Transformational Data Sharing ETF by 5.4% in the 3rd quarter. HighTower Advisors LLC now owns 109,216 shares of the company’s stock valued at $4,104,000 after acquiring an additional 5,621 shares in the last quarter. Nwam LLC bought a new position in Amplify Transformational Data Sharing ETF in the 3rd quarter valued at about $3,067,000. Strategic Wealth Investment Group LLC lifted its position in Amplify Transformational Data Sharing ETF by 4.3% in the 3rd quarter. Strategic Wealth Investment Group LLC now owns 59,375 shares of the company’s stock valued at $2,167,000 after acquiring an additional 2,427 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Amplify Transformational Data Sharing ETF in the 3rd quarter valued at about $1,967,000.

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.