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

Shares of Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) reached a new 52-week high during trading on Friday . The stock traded as high as $51.24 and last traded at $51.24, with a volume of 50980 shares trading hands. The stock had previously closed at $49.66.

Amplify Transformational Data Sharing ETF Stock Performance

The business’s fifty day moving average price is $42.08 and its two-hundred day moving average price is $37.58. The stock has a market capitalization of $1.04 billion, a P/E ratio of 17.73 and a beta of 1.64.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BLOK. Paladin Wealth LLC bought a new position in shares of Amplify Transformational Data Sharing ETF during the third quarter valued at approximately $40,000. Mather Group LLC. grew its position in Amplify Transformational Data Sharing ETF by 36.8% in the 2nd quarter. Mather Group LLC. now owns 1,337 shares of the company’s stock valued at $49,000 after acquiring an additional 360 shares during the last quarter. Brown Financial Advisors purchased a new stake in Amplify Transformational Data Sharing ETF in the second quarter worth $97,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Amplify Transformational Data Sharing ETF during the second quarter worth $151,000. Finally, TRU Independence Asset Management 2 LLC purchased a new stake in shares of Amplify Transformational Data Sharing ETF during the third quarter valued at $240,000.

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.