Northwestern Mutual Wealth Management Co. Acquires 4,240,491 Shares of Amplify Transformational Data Sharing ETF $BLOK

Northwestern Mutual Wealth Management Co. raised its holdings in shares of Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) by 18,704.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 4,263,162 shares of the company’s stock after buying an additional 4,240,491 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.21% of Amplify Transformational Data Sharing ETF worth $242,531,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in BLOK. Signaturefd LLC grew its stake in shares of Amplify Transformational Data Sharing ETF by 88.3% during the 4th quarter. Signaturefd LLC now owns 565 shares of the company’s stock worth $32,000 after acquiring an additional 265 shares in the last quarter. Rossby Financial LCC bought a new position in shares of Amplify Transformational Data Sharing ETF in the third quarter valued at $43,000. Sound Income Strategies LLC grew its stake in shares of Amplify Transformational Data Sharing ETF by 67.6% in the fourth quarter. Sound Income Strategies LLC now owns 813 shares of the company’s stock valued at $46,000 after buying an additional 328 shares in the last quarter. Strategic Advocates LLC bought a new position in shares of Amplify Transformational Data Sharing ETF in the third quarter valued at $50,000. Finally, NewEdge Advisors LLC grew its stake in shares of Amplify Transformational Data Sharing ETF by 1,572.7% in the third quarter. NewEdge Advisors LLC now owns 920 shares of the company’s stock valued at $62,000 after buying an additional 865 shares in the last quarter.

Amplify Transformational Data Sharing ETF Trading Down 4.2%

NYSEARCA:BLOK opened at $62.75 on Friday. Amplify Transformational Data Sharing ETF has a 1-year low of $46.75 and a 1-year high of $75.89. The firm has a fifty day simple moving average of $56.24 and a 200 day simple moving average of $58.81. The stock has a market capitalization of $1.23 billion, a PE ratio of 24.76 and a beta of 2.14.

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.