Maridea Wealth Management LLC Makes New Investment in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)

Maridea Wealth Management LLC acquired a new stake in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) in the 4th quarter, HoldingsChannel reports. The fund acquired 5,248 shares of the company’s stock, valued at approximately $227,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in Amplify Transformational Data Sharing ETF by 18.6% during the fourth quarter. JPMorgan Chase & Co. now owns 17,075 shares of the company’s stock worth $737,000 after purchasing an additional 2,678 shares during the period. LPL Financial LLC lifted its position 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 last quarter. Sandy Spring Bank boosted its stake in shares of Amplify Transformational Data Sharing ETF by 42.4% during the 4th quarter. Sandy Spring Bank now owns 1,895 shares of the company’s stock worth $82,000 after acquiring an additional 564 shares during the period. Arbor Capital Management Inc. ADV increased its holdings in shares of Amplify Transformational Data Sharing ETF by 11.3% during the 4th quarter. Arbor Capital Management Inc. ADV now owns 10,066 shares of the company’s stock worth $463,000 after acquiring an additional 1,025 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in Amplify Transformational Data Sharing ETF by 18.7% during the 4th quarter. HighTower Advisors LLC now owns 129,664 shares of the company’s stock valued at $5,600,000 after purchasing an additional 20,448 shares during the last quarter.

Amplify Transformational Data Sharing ETF Price Performance

NYSEARCA:BLOK opened at $37.45 on Friday. The company has a market cap of $685.34 million, a P/E ratio of 15.89 and a beta of 1.85. The firm’s fifty day moving average price is $44.03 and its two-hundred day moving average price is $43.91. Amplify Transformational Data Sharing ETF has a one year low of $28.76 and a one year 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.