Kovack Advisors Inc. Takes Position in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)

Kovack Advisors Inc. bought a new stake in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,978 shares of the company’s stock, valued at approximately $215,000.

A number of other hedge funds also recently modified their holdings of BLOK. Nwam LLC increased its stake in shares of Amplify Transformational Data Sharing ETF by 1.3% in the fourth quarter. Nwam LLC now owns 82,799 shares of the company’s stock worth $3,576,000 after acquiring an additional 1,050 shares during the last quarter. IFP Advisors Inc increased its stake in shares of Amplify Transformational Data Sharing ETF by 1,164.4% in the fourth quarter. IFP Advisors Inc now owns 49,616 shares of the company’s stock worth $2,143,000 after acquiring an additional 45,692 shares during the last quarter. Matauro LLC acquired a new position in shares of Amplify Transformational Data Sharing ETF in the fourth quarter worth $1,273,000. Florin Court Capital LLP increased its stake in shares of Amplify Transformational Data Sharing ETF by 7.1% in the fourth quarter. Florin Court Capital LLP now owns 37,730 shares of the company’s stock worth $1,630,000 after acquiring an additional 2,500 shares during the last quarter. Finally, Global Retirement Partners LLC increased its stake in shares of Amplify Transformational Data Sharing ETF by 40.7% in the fourth quarter. Global Retirement Partners LLC now owns 940 shares of the company’s stock worth $41,000 after acquiring an additional 272 shares during the last quarter.

Amplify Transformational Data Sharing ETF Trading Up 1.6 %

NYSEARCA BLOK opened at $41.61 on Monday. The company has a market capitalization of $800.99 million, a PE ratio of 18.88 and a beta of 1.77. Amplify Transformational Data Sharing ETF has a 1-year low of $28.76 and a 1-year high of $54.35. The firm’s fifty day simple moving average is $46.56 and its 200-day simple moving average is $43.33.

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.