Financial Advocates Investment Management Grows Stock Position in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)

Financial Advocates Investment Management boosted its position in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) by 26.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,786 shares of the company’s stock after buying an additional 8,207 shares during the period. Financial Advocates Investment Management owned approximately 0.20% of Amplify Transformational Data Sharing ETF worth $1,718,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of BLOK. Spire Wealth Management lifted its stake in shares of Amplify Transformational Data Sharing ETF by 89.6% in the 4th quarter. Spire Wealth Management now owns 1,060 shares of the company’s stock worth $46,000 after acquiring an additional 501 shares during the period. Paladin Wealth LLC purchased a new position in Amplify Transformational Data Sharing ETF during the third quarter worth about $40,000. Geneos Wealth Management Inc. lifted its position in Amplify Transformational Data Sharing ETF by 35.1% in the fourth quarter. Geneos Wealth Management Inc. now owns 4,208 shares of the company’s stock valued at $182,000 after purchasing an additional 1,093 shares during the period. Fulton Bank N.A. purchased a new stake in Amplify Transformational Data Sharing ETF in the 4th quarter valued at approximately $229,000. Finally, Cyndeo Wealth Partners LLC acquired a new position in Amplify Transformational Data Sharing ETF during the 4th quarter worth approximately $233,000.

Amplify Transformational Data Sharing ETF Trading Down 0.4 %

Shares of BLOK stock opened at $47.77 on Friday. The stock has a 50 day simple moving average of $47.88 and a 200-day simple moving average of $41.96. The company has a market cap of $969.73 million, a price-to-earnings ratio of 17.73 and a beta of 1.64. Amplify Transformational Data Sharing ETF has a 12-month low of $26.73 and a 12-month high of $54.35.

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.