Envestnet Asset Management Inc. Increases Position in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)

Envestnet Asset Management Inc. lifted its position in shares of Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) by 31.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 134,375 shares of the company’s stock after buying an additional 32,470 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.66% of Amplify Transformational Data Sharing ETF worth $5,804,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN boosted its stake in shares of Amplify Transformational Data Sharing ETF by 101.7% in the fourth quarter. Wells Fargo & Company MN now owns 304,554 shares of the company’s stock worth $13,154,000 after acquiring an additional 153,537 shares during the period. Maridea Wealth Management LLC bought a new stake in shares of Amplify Transformational Data Sharing ETF during the fourth quarter valued at approximately $227,000. JPMorgan Chase & Co. lifted its holdings in shares of Amplify Transformational Data Sharing ETF by 18.6% in the fourth quarter. JPMorgan Chase & Co. now owns 17,075 shares of the company’s stock worth $737,000 after buying an additional 2,678 shares in the last quarter. LPL Financial LLC boosted its position in shares of Amplify Transformational Data Sharing ETF by 17.3% during the fourth quarter. LPL Financial LLC now owns 752,730 shares of the company’s stock worth $32,510,000 after acquiring an additional 111,005 shares during the last quarter. Finally, Sandy Spring Bank grew its stake in Amplify Transformational Data Sharing ETF by 42.4% during the fourth quarter. Sandy Spring Bank now owns 1,895 shares of the company’s stock valued at $82,000 after acquiring an additional 564 shares in the last quarter.

Amplify Transformational Data Sharing ETF Stock Down 1.0 %

Shares of BLOK stock opened at $35.81 on Tuesday. The company’s fifty day simple moving average is $39.67 and its two-hundred day simple moving average is $43.81. Amplify Transformational Data Sharing ETF has a 52 week low of $28.76 and a 52 week high of $54.35. The stock has a market cap of $624.88 million, a P/E ratio of 17.08 and a beta of 1.94.

Amplify Transformational Data Sharing ETF 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.