Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC lessened its position in shares of Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) by 23.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 61,341 shares of the company’s stock after selling 18,644 shares during the quarter. Merit Financial Group LLC owned approximately 0.30% of Amplify Transformational Data Sharing ETF worth $2,649,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management grew its position in shares of Amplify Transformational Data Sharing ETF by 24.0% during the 4th quarter. Brookstone Capital Management now owns 21,457 shares of the company’s stock valued at $927,000 after acquiring an additional 4,154 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Amplify Transformational Data Sharing ETF by 1.7% in the fourth 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 in the last quarter. Fulton Bank N.A. acquired a new position in shares of Amplify Transformational Data Sharing ETF during the 4th quarter worth approximately $229,000. Worth Asset Management LLC purchased a new position in shares of Amplify Transformational Data Sharing ETF during the 4th quarter valued at approximately $300,000. Finally, IHT Wealth Management LLC acquired a new stake in Amplify Transformational Data Sharing ETF in the 3rd quarter valued at $263,000.

Amplify Transformational Data Sharing ETF Stock Up 3.2 %

BLOK opened at $48.09 on Monday. The firm’s fifty day simple moving average is $48.14 and its two-hundred day simple moving average is $40.99. Amplify Transformational Data Sharing ETF has a 52-week low of $25.88 and a 52-week high of $54.35. The company has a market cap of $976.23 million, a price-to-earnings ratio of 17.73 and a beta of 1.64.

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.