Gerber LLC Cuts Holdings in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)

Gerber LLC lowered its stake in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,571 shares of the company’s stock after selling 1,268 shares during the quarter. Amplify Transformational Data Sharing ETF comprises about 2.8% of Gerber LLC’s portfolio, making the stock its 10th biggest holding. Gerber LLC owned 0.50% of Amplify Transformational Data Sharing ETF worth $3,811,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mather Group LLC. purchased a new stake in Amplify Transformational Data Sharing ETF during the first quarter valued at about $36,000. Paladin Wealth LLC acquired a new stake in Amplify Transformational Data Sharing ETF in the 3rd quarter worth approximately $40,000. Brown Financial Advisors acquired a new position in Amplify Transformational Data Sharing ETF in the 2nd quarter valued at $97,000. EP Wealth Advisors LLC bought a new position in shares of Amplify Transformational Data Sharing ETF in the first quarter worth about $134,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of Amplify Transformational Data Sharing ETF in the second quarter valued at approximately $151,000.

Amplify Transformational Data Sharing ETF Stock Performance

Shares of BLOK traded down $0.02 during trading hours on Monday, reaching $40.88. 109,687 shares of the company traded hands, compared to its average volume of 218,330. Amplify Transformational Data Sharing ETF has a 1-year low of $19.40 and a 1-year high of $41.06. The stock has a market cap of $829.86 million, a P/E ratio of 17.73 and a beta of 1.64. The stock’s fifty day moving average is $36.23 and its 200 day moving average is $35.05.

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.