Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Sees Strong Trading Volume – What’s Next?

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) saw unusually-strong trading volume on Tuesday . Approximately 315,642 shares traded hands during mid-day trading, an increase of 31% from the previous session’s volume of 241,049 shares.The stock last traded at $43.60 and had previously closed at $43.75.

Amplify Transformational Data Sharing ETF Stock Performance

The business has a 50 day moving average price of $47.22 and a two-hundred day moving average price of $40.13. The stock has a market cap of $876.76 million, a PE ratio of 17.73 and a beta of 1.64.

Hedge Funds Weigh In On Amplify Transformational Data Sharing ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. International Assets Investment Management LLC bought a new stake in shares of Amplify Transformational Data Sharing ETF in the 3rd quarter worth approximately $1,963,460,000. HighTower Advisors LLC raised its holdings in Amplify Transformational Data Sharing ETF by 5.4% during the 3rd quarter. HighTower Advisors LLC now owns 109,216 shares of the company’s stock valued at $4,104,000 after acquiring an additional 5,621 shares during the period. Nwam LLC bought a new position in shares of Amplify Transformational Data Sharing ETF in the third quarter worth $3,067,000. Strategic Wealth Investment Group LLC increased its holdings in shares of Amplify Transformational Data Sharing ETF by 4.3% in the third quarter. Strategic Wealth Investment Group LLC now owns 59,375 shares of the company’s stock worth $2,167,000 after purchasing an additional 2,427 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Amplify Transformational Data Sharing ETF in the third quarter worth $1,967,000.

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.