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

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) shares hit a new 52-week high on Thursday . The stock traded as high as $50.99 and last traded at $49.57, with a volume of 124750 shares changing hands. The stock had previously closed at $49.10.

Amplify Transformational Data Sharing ETF Trading Up 4.1 %

The firm has a market cap of $1.02 billion, a P/E ratio of 17.73 and a beta of 1.64. The business’s fifty day simple moving average is $40.70 and its 200-day simple moving average is $36.97.

Hedge Funds Weigh In On Amplify Transformational Data Sharing ETF

Several hedge funds have recently made changes to their positions in the business. Financial Advocates Investment Management grew its holdings in shares of Amplify Transformational Data Sharing ETF by 0.9% during the 2nd quarter. Financial Advocates Investment Management now owns 30,385 shares of the company’s stock worth $1,078,000 after acquiring an additional 278 shares during the period. Gainplan LLC raised its stake in Amplify Transformational Data Sharing ETF by 1.3% during the third quarter. Gainplan LLC now owns 25,452 shares of the company’s stock valued at $903,000 after buying an additional 331 shares during the last quarter. Mather Group LLC. boosted its stake in 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 worth $49,000 after purchasing an additional 360 shares in the last quarter. Traction Financial Partners LLC increased its stake in Amplify Transformational Data Sharing ETF by 2.2% during the 2nd quarter. Traction Financial Partners LLC now owns 29,731 shares of the company’s stock valued at $1,024,000 after purchasing an additional 627 shares in the last quarter. Finally, PCG Wealth Advisors LLC increased its stake in Amplify Transformational Data Sharing ETF by 8.0% during the 2nd quarter. PCG Wealth Advisors LLC now owns 9,838 shares of the company’s stock valued at $349,000 after purchasing an additional 728 shares in the last quarter.

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.