Q3 Asset Management Takes $1.58 Million Position in Amplify Transformational Data Sharing ETF $BLOK

Q3 Asset Management acquired a new position in shares of Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 23,612 shares of the company’s stock, valued at approximately $1,582,000. Amplify Transformational Data Sharing ETF accounts for about 0.5% of Q3 Asset Management’s investment portfolio, making the stock its 23rd largest holding.

Several other large investors have also recently bought and sold shares of the business. Concurrent Investment Advisors LLC lifted its stake in Amplify Transformational Data Sharing ETF by 172.2% during the third quarter. Concurrent Investment Advisors LLC now owns 585,440 shares of the company’s stock worth $39,248,000 after purchasing an additional 370,333 shares during the last quarter. Belvedere Trading LLC acquired a new position in Amplify Transformational Data Sharing ETF in the 3rd quarter valued at about $570,000. Trilogy Capital Inc. purchased a new position in Amplify Transformational Data Sharing ETF in the 3rd quarter valued at $3,179,000. Spire Wealth Management raised its holdings in Amplify Transformational Data Sharing ETF by 176.3% during the third quarter. Spire Wealth Management now owns 1,633 shares of the company’s stock worth $109,000 after purchasing an additional 1,042 shares in the last quarter. Finally, Moran Wealth Management LLC lifted its stake in shares of Amplify Transformational Data Sharing ETF by 62.7% in the third quarter. Moran Wealth Management LLC now owns 13,589 shares of the company’s stock valued at $911,000 after purchasing an additional 5,239 shares during the period.

Amplify Transformational Data Sharing ETF Stock Up 1.4%

NYSEARCA:BLOK opened at $63.19 on Wednesday. Amplify Transformational Data Sharing ETF has a 52-week low of $31.32 and a 52-week high of $75.89. The company has a market capitalization of $1.23 billion, a PE ratio of 24.76 and a beta of 2.10. The stock has a fifty day simple moving average of $60.76 and a 200-day simple moving average of $62.38.

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.