Maridea Wealth Management LLC Buys Shares of 5,248 Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)

Maridea Wealth Management LLC purchased a new position in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,248 shares of the company’s stock, valued at approximately $227,000.

A number of other hedge funds also recently modified their holdings of BLOK. LPL Financial LLC boosted its holdings in shares of Amplify Transformational Data Sharing ETF by 17.3% in the fourth quarter. LPL Financial LLC now owns 752,730 shares of the company’s stock valued at $32,510,000 after buying an additional 111,005 shares during the period. Q3 Asset Management acquired a new stake in shares of Amplify Transformational Data Sharing ETF in the 4th quarter valued at about $3,602,000. Wealthfront Advisers LLC raised its stake in shares of Amplify Transformational Data Sharing ETF by 401.0% in the 4th quarter. Wealthfront Advisers LLC now owns 98,008 shares of the company’s stock valued at $4,233,000 after purchasing an additional 78,447 shares during the period. Gradient Investments LLC boosted its position in shares of Amplify Transformational Data Sharing ETF by 27.4% during the fourth quarter. Gradient Investments LLC now owns 268,998 shares of the company’s stock worth $11,618,000 after buying an additional 57,854 shares during the period. Finally, IFP Advisors Inc grew its holdings in shares of Amplify Transformational Data Sharing ETF by 1,164.4% during the fourth quarter. IFP Advisors Inc now owns 49,616 shares of the company’s stock worth $2,143,000 after buying an additional 45,692 shares in the last quarter.

Amplify Transformational Data Sharing ETF Stock Performance

NYSEARCA BLOK opened at $37.45 on Friday. Amplify Transformational Data Sharing ETF has a 52 week low of $28.76 and a 52 week high of $54.35. The stock’s 50 day moving average price is $44.03 and its two-hundred day moving average price is $43.91. The stock has a market capitalization of $685.34 million, a price-to-earnings ratio of 15.89 and a beta of 1.85.

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.