Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Shares Gap Up – Time to Buy?

by · The Cerbat Gem

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK – Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $41.61, but opened at $44.24. Amplify Transformational Data Sharing ETF shares last traded at $42.68, with a volume of 175,817 shares.

Amplify Transformational Data Sharing ETF Price Performance

The firm has a 50-day simple moving average of $46.56 and a 200-day simple moving average of $43.33. The firm has a market capitalization of $803.51 million, a PE ratio of 18.88 and a beta of 1.77.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Vise Technologies Inc. raised its holdings in Amplify Transformational Data Sharing ETF by 25.8% in the 4th quarter. Vise Technologies Inc. now owns 24,329 shares of the company’s stock worth $1,051,000 after purchasing an additional 4,989 shares during the period. Tidal Investments LLC increased its holdings in Amplify Transformational Data Sharing ETF by 252.6% in the 4th quarter. Tidal Investments LLC now owns 81,278 shares of the company’s stock worth $3,510,000 after acquiring an additional 58,229 shares in the last quarter. Focus Partners Wealth bought a new stake in Amplify Transformational Data Sharing ETF during the 4th quarter worth approximately $251,000. D. E. Shaw & Co. Inc. purchased a new position in Amplify Transformational Data Sharing ETF during the fourth quarter valued at approximately $373,000. Finally, Cetera Investment Advisers boosted its position in shares of Amplify Transformational Data Sharing ETF by 32.5% in the fourth quarter. Cetera Investment Advisers now owns 158,781 shares of the company’s stock worth $6,858,000 after purchasing an additional 38,970 shares during the period.

Amplify Transformational Data Sharing ETF Company Profile

(Get Free Report)

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.

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