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

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)’s share price reached a new 52-week high during trading 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 fifty day moving average of $40.70 and a 200 day moving average of $36.97. The company has a market capitalization of $1.02 billion, a P/E ratio of 17.73 and a beta of 1.64.

Institutional Investors Weigh In On Amplify Transformational Data Sharing ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new stake in Amplify Transformational Data Sharing ETF in the 3rd quarter worth approximately $1,963,460,000. Jane Street Group LLC lifted its position in Amplify Transformational Data Sharing ETF by 67.7% during the first quarter. Jane Street Group LLC now owns 274,508 shares of the company’s stock valued at $10,003,000 after purchasing an additional 110,801 shares during the last quarter. Nwam LLC purchased a new position in shares of Amplify Transformational Data Sharing ETF in the 3rd quarter worth $3,067,000. Cetera Investment Advisers increased its holdings in shares of Amplify Transformational Data Sharing ETF by 97.4% in the 1st quarter. Cetera Investment Advisers now owns 148,397 shares of the company’s stock worth $5,408,000 after buying an additional 73,208 shares during the last quarter. Finally, Cetera Advisors LLC raised its position in shares of Amplify Transformational Data Sharing ETF by 305.7% during the 1st quarter. Cetera Advisors LLC now owns 88,669 shares of the company’s stock valued at $3,231,000 after buying an additional 66,815 shares in the last quarter.

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.