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

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $54.44 and last traded at $53.12, with a volume of 1324239 shares changing hands. The stock had previously closed at $49.67.

Amplify Transformational Data Sharing ETF Stock Down 4.0%

The firm has a market capitalization of $874.88 million, a PE ratio of 19.57 and a beta of 1.99. The stock has a 50-day moving average price of $40.34 and a 200 day moving average price of $44.42.

Institutional Trading of Amplify Transformational Data Sharing ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. LPL Financial LLC boosted its stake in shares of Amplify Transformational Data Sharing ETF by 17.3% in the fourth quarter. LPL Financial LLC now owns 752,730 shares of the company’s stock worth $32,510,000 after acquiring an additional 111,005 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Amplify Transformational Data Sharing ETF by 101.7% in the fourth quarter. Wells Fargo & Company MN now owns 304,554 shares of the company’s stock worth $13,154,000 after acquiring an additional 153,537 shares during the last quarter. Gradient Investments LLC boosted its stake in shares of Amplify Transformational Data Sharing ETF by 9.9% in the first quarter. Gradient Investments LLC now owns 295,653 shares of the company’s stock worth $10,904,000 after acquiring an additional 26,655 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Amplify Transformational Data Sharing ETF by 24.2% in the first quarter. Royal Bank of Canada now owns 207,990 shares of the company’s stock worth $7,671,000 after acquiring an additional 40,518 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Amplify Transformational Data Sharing ETF by 32.5% in the fourth quarter. Cetera Investment Advisers now owns 158,781 shares of the company’s stock worth $6,858,000 after acquiring an additional 38,970 shares during 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.