Northwestern Mutual Wealth Management Co. Decreases Stake in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK)

Northwestern Mutual Wealth Management Co. cut its position in Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) by 7.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,354 shares of the company’s stock after selling 1,650 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.11% of Amplify Transformational Data Sharing ETF worth $757,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. SageView Advisory Group LLC acquired a new position in Amplify Transformational Data Sharing ETF in the fourth quarter valued at approximately $1,188,000. VitalStone Financial LLC grew its position in shares of Amplify Transformational Data Sharing ETF by 359.1% in the 4th quarter. VitalStone Financial LLC now owns 5,876 shares of the company’s stock valued at $175,000 after buying an additional 4,596 shares during the last quarter. Gradient Investments LLC raised its stake in Amplify Transformational Data Sharing ETF by 50.2% during the 2nd quarter. Gradient Investments LLC now owns 171,083 shares of the company’s stock worth $6,068,000 after acquiring an additional 57,182 shares in the last quarter. Brookstone Capital Management lifted its position in Amplify Transformational Data Sharing ETF by 49.2% in the first quarter. Brookstone Capital Management now owns 20,680 shares of the company’s stock valued at $754,000 after acquiring an additional 6,819 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in Amplify Transformational Data Sharing ETF by 43.8% in the first quarter. Janney Montgomery Scott LLC now owns 82,712 shares of the company’s stock valued at $3,014,000 after acquiring an additional 25,180 shares in the last quarter.

Amplify Transformational Data Sharing ETF Stock Performance

Shares of BLOK stock opened at $37.46 on Tuesday. The stock’s 50-day moving average is $35.30 and its two-hundred day moving average is $34.84. Amplify Transformational Data Sharing ETF has a 1 year low of $19.30 and a 1 year high of $40.50. The firm has a market cap of $760.44 million, a price-to-earnings ratio of 17.73 and a beta of 1.64.

Amplify Transformational Data Sharing ETF Company 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.