VanEck Digital Transformation ETF (NASDAQ:DAPP – Get Free Report)’s stock price was down 2.5% during mid-day trading on Tuesday . The stock traded as low as $19.11 and last traded at $19.38. Approximately 371,477 shares were traded during trading, a decline of 54% from the average session volume of 815,534 shares. The stock had previously closed at $19.88.
VanEck Digital Transformation ETF Stock Down 3.2%
The firm has a market cap of $329.50 million, a price-to-earnings ratio of 2.89 and a beta of 3.44. The company has a 50-day moving average price of $20.86 and a 200 day moving average price of $18.48.
Hedge Funds Weigh In On VanEck Digital Transformation ETF
Several institutional investors and hedge funds have recently bought and sold shares of DAPP. Abound Financial LLC purchased a new stake in shares of VanEck Digital Transformation ETF in the fourth quarter worth approximately $26,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in VanEck Digital Transformation ETF in the 1st quarter valued at approximately $29,000. Kestra Advisory Services LLC acquired a new position in VanEck Digital Transformation ETF in the 4th quarter valued at approximately $31,000. Flagship Harbor Advisors LLC purchased a new stake in VanEck Digital Transformation ETF in the 4th quarter worth approximately $41,000. Finally, Group One Trading LLC lifted its position in VanEck Digital Transformation ETF by 77.6% in the 2nd quarter. Group One Trading LLC now owns 3,223 shares of the company’s stock worth $53,000 after buying an additional 1,408 shares in the last quarter.
About VanEck Digital Transformation ETF
The VanEck Digital Transformation ETF (DAPP) is an exchange-traded fund that is based on the MVIS Global Digital Assets Equity index, a market-cap-weighted index of global innovative companies that are involved in the digitalization of the worlds economy through a diverse range of digital assets. DAPP was launched on Apr 12, 2021 and is managed by VanEck.
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