Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Sets New 12-Month High – Here’s Why

Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) reached a new 52-week high on Monday . The stock traded as high as $54.28 and last traded at $54.24, with a volume of 303601 shares changing hands. The stock had previously closed at $51.18.

Amplify Transformational Data Sharing ETF Price Performance

The company has a market capitalization of $1.08 billion, a PE ratio of 17.73 and a beta of 1.64. The stock’s 50 day simple moving average is $45.06 and its 200-day simple moving average is $39.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Paladin Wealth LLC acquired a new stake in shares of Amplify Transformational Data Sharing ETF in the 3rd quarter valued at $40,000. Brown Financial Advisors acquired a new position in Amplify Transformational Data Sharing ETF in the second quarter valued at approximately $97,000. Ashton Thomas Private Wealth LLC purchased a new position in Amplify Transformational Data Sharing ETF in the second quarter valued at approximately $151,000. TRU Independence Asset Management 2 LLC acquired a new stake in Amplify Transformational Data Sharing ETF during the third quarter worth approximately $240,000. Finally, IHT Wealth Management LLC acquired a new position in shares of Amplify Transformational Data Sharing ETF in the 3rd quarter valued at $263,000.

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.