Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Sees Unusually-High Trading Volume – Time to Buy?

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOKGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 370,569 shares were traded during trading, a decline of 3% from the previous session’s volume of 383,889 shares.The stock last traded at $65.28 and had previously closed at $63.92.

Amplify Transformational Data Sharing ETF Trading Up 2.1%

The company has a market cap of $1.28 billion, a PE ratio of 24.76 and a beta of 2.14. The stock has a 50 day moving average price of $57.39 and a 200 day moving average price of $58.43.

Institutional Trading of Amplify Transformational Data Sharing ETF

A number of hedge funds have recently modified their holdings of BLOK. Northwestern Mutual Wealth Management Co. increased its stake in shares of Amplify Transformational Data Sharing ETF by 18,704.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,263,162 shares of the company’s stock worth $242,531,000 after acquiring an additional 4,240,491 shares in the last quarter. Morgan Stanley increased its stake in shares of Amplify Transformational Data Sharing ETF by 14.0% during the fourth quarter. Morgan Stanley now owns 1,559,411 shares of the company’s stock valued at $88,715,000 after purchasing an additional 191,238 shares in the last quarter. LPL Financial LLC increased its stake in shares of Amplify Transformational Data Sharing ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 1,014,462 shares of the company’s stock valued at $57,713,000 after purchasing an additional 39,904 shares in the last quarter. Gradient Investments LLC lifted its holdings in shares of Amplify Transformational Data Sharing ETF by 14.7% during the fourth quarter. Gradient Investments LLC now owns 489,567 shares of the company’s stock valued at $27,851,000 after purchasing an additional 62,622 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of Amplify Transformational Data Sharing ETF by 24.2% during the first quarter. Royal Bank of Canada now owns 207,990 shares of the company’s stock valued at $7,671,000 after purchasing an additional 40,518 shares during the last quarter.

About Amplify Transformational Data Sharing ETF

(Get Free Report)

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.

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