Financial Advocates Investment Management Boosts Holdings in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)

Financial Advocates Investment Management lifted its stake in shares of Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) by 26.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,786 shares of the company’s stock after acquiring an additional 8,207 shares during the period. Financial Advocates Investment Management’s holdings in Amplify Transformational Data Sharing ETF were worth $1,718,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Spire Wealth Management increased its position in Amplify Transformational Data Sharing ETF by 89.6% during the fourth quarter. Spire Wealth Management now owns 1,060 shares of the company’s stock worth $46,000 after purchasing an additional 501 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Amplify Transformational Data Sharing ETF by 1.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 40,671 shares of the company’s stock valued at $1,757,000 after buying an additional 680 shares during the period. Great Valley Advisor Group Inc. increased its holdings in shares of Amplify Transformational Data Sharing ETF by 14.1% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 7,808 shares of the company’s stock worth $293,000 after buying an additional 967 shares during the last quarter. Paladin Wealth LLC purchased a new position in shares of Amplify Transformational Data Sharing ETF in the 3rd quarter worth $40,000. Finally, Geneos Wealth Management Inc. raised its position in shares of Amplify Transformational Data Sharing ETF by 35.1% in the 4th quarter. Geneos Wealth Management Inc. now owns 4,208 shares of the company’s stock worth $182,000 after buying an additional 1,093 shares during the period.

Amplify Transformational Data Sharing ETF Trading Down 0.4 %

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

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.