Sovran Advisors LLC Makes New Investment in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)

Sovran Advisors LLC bought a new stake in shares of Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) in the fourth quarter, Holdings Channel reports. The firm bought 18,047 shares of the company’s stock, valued at approximately $801,000.

Several other institutional investors and hedge funds have also modified their holdings of BLOK. Paladin Wealth LLC purchased a new stake in shares of Amplify Transformational Data Sharing ETF during the third quarter worth $40,000. Spire Wealth Management increased its position in Amplify Transformational Data Sharing ETF by 89.6% in the 4th 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. Geneos Wealth Management Inc. raised its stake in shares of Amplify Transformational Data Sharing ETF by 35.1% during the 4th quarter. Geneos Wealth Management Inc. now owns 4,208 shares of the company’s stock worth $182,000 after purchasing an additional 1,093 shares in the last quarter. Fulton Bank N.A. acquired a new stake in shares of Amplify Transformational Data Sharing ETF during the 4th quarter valued at about $229,000. Finally, Cyndeo Wealth Partners LLC bought a new stake in shares of Amplify Transformational Data Sharing ETF in the 4th quarter valued at approximately $233,000.

Amplify Transformational Data Sharing ETF Stock Performance

NYSEARCA:BLOK opened at $47.60 on Wednesday. The company has a market capitalization of $966.28 million, a P/E ratio of 17.73 and a beta of 1.64. The stock’s 50 day moving average price is $47.77 and its 200 day moving average price is $42.23. Amplify Transformational Data Sharing ETF has a 52 week low of $28.76 and a 52 week high of $54.35.

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.