Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Sets New 52-Week High – Here’s Why

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $50.65 and last traded at $50.63, with a volume of 76659 shares. The stock had previously closed at $49.28.

Amplify Transformational Data Sharing ETF Trading Down 2.1 %

The company has a 50 day moving average of $39.26 and a 200 day moving average of $36.39. The firm has a market cap of $943.14 million, a price-to-earnings ratio of 17.73 and a beta of 1.64.

Institutional Trading of Amplify Transformational Data Sharing ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Gradient Investments LLC raised its stake 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 valued at $6,068,000 after purchasing an additional 57,182 shares during the period. Jane Street Group LLC grew its holdings 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 in the last quarter. Western Wealth Management LLC grew its holdings in shares of Amplify Transformational Data Sharing ETF by 6.4% in the 2nd quarter. Western Wealth Management LLC now owns 14,861 shares of the company’s stock valued at $527,000 after acquiring an additional 896 shares in the last quarter. Mather Group LLC. grew its holdings in shares of Amplify Transformational Data Sharing ETF by 36.8% in the 2nd quarter. Mather Group LLC. now owns 1,337 shares of the company’s stock valued at $49,000 after acquiring an additional 360 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Amplify Transformational Data Sharing ETF in the 2nd quarter valued at about $151,000.

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.