Global Retirement Partners LLC Increases Investment in Amplify Transformational Data Sharing ETF

Global Retirement Partners LLC has ramped up its investment in the Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) by an impressive 40.7% during the fourth quarter of the year. This information comes from the firm’s latest filing with the Securities and Exchange Commission. Following their increased investments, Global Retirement Partners LLC now holds 940 shares in the ETF, which are valued at approximately $41,000 by the end of the most recent reporting period. The firm acquired an additional 272 shares during the quarter.

Several other institutional investors have also bought or sold shares in the Amplify Transformational Data Sharing ETF recently. Wealth Enhancement Advisory Services LLC has increased its holdings by 1.7% during the fourth quarter, bringing its total to 40,671 shares worth about $1,757,000 after adding 680 shares. Atria Wealth Solutions Inc. also raised its stake by 7.8% in the same quarter, and now owns 24,737 shares valued at $1,068,000 following an additional purchase of 1,799 shares.

Furthermore, Nations Financial Group Inc. IA ADV increased its investment in the ETF by 2.7%. They currently own 8,971 shares valued at $387,000, after purchasing an additional 234 shares during the last quarter. Elsewhere, HighTower Advisors LLC raised its holdings by 5.4% in the earlier quarter, resulting in ownership of 109,216 shares worth $4,104,000 after acquiring an extra 5,621 shares. In a significant move, Spire Wealth Management raised its stake in the ETF by 89.6% during the fourth quarter, bringing its total to 1,060 shares valued at $46,000 after purchasing 501 additional shares.

Amplify Transformational Data Sharing ETF Performance

As of the latest trading, Amplify Transformational Data Sharing ETF stock opened at $41.61. The company has a market capitalization of nearly $800.99 million, with a PE ratio of 18.88, and a beta of 1.77, suggesting a moderate level of risk compared to the market. The ETF has experienced a 52-week low of $28.76 and a high of $54.35, with its 50-day simple moving average sitting at $46.56 and the 200-day simple moving average at $43.26, indicating a stable growth trend.

About Amplify Transformational Data Sharing ETF

The Amplify Transformational Data Sharing ETF, known by its ticker BLOK, is an exchange-traded fund that primarily invests in companies engaged in blockchain technology, following a unique investment theme. Launched on January 16, 2018, it is actively managed by Amplify, providing investors with exposure to innovative and transformative data-sharing solutions on a global scale.

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