VanEck Digital India ETF (NYSEARCA:DGIN) Trading 0.4% Higher – What’s Next?

VanEck Digital India ETF (NYSEARCA:DGIN) was up 0.4% on Thursday . The stock traded as high as $37.73 and last traded at $37.73. 6,002 shares were traded during trading, an increase of 18% from the average session volume of 5,065 shares. The stock had previously closed at $37.58.

VanEck Digital India ETF Price Performance

The firm has a 50-day simple moving average of $36.45 and a 200 day simple moving average of $34.68. The stock has a market capitalization of $16.27 million, a P/E ratio of 40.34 and a beta of 0.69.

Hedge Funds Weigh In On VanEck Digital India ETF

Large investors have recently modified their holdings of the business. Brown Financial Advisors acquired a new stake in VanEck Digital India ETF during the 2nd quarter worth about $1,902,000. Citadel Advisors LLC bought a new position in shares of VanEck Digital India ETF during the 3rd quarter worth approximately $840,000. Jane Street Group LLC grew its position in shares of VanEck Digital India ETF by 344.6% during the 1st quarter. Jane Street Group LLC now owns 21,711 shares of the company’s stock worth $847,000 after buying an additional 16,828 shares during the period. Tucker Asset Management LLC increased its stake in shares of VanEck Digital India ETF by 136.3% in the 2nd quarter. Tucker Asset Management LLC now owns 15,653 shares of the company’s stock valued at $552,000 after acquiring an additional 9,030 shares in the last quarter. Finally, Copley Financial Group Inc. acquired a new position in shares of VanEck Digital India ETF during the 2nd quarter valued at $309,000.

About VanEck Digital India ETF

The VanEck Digital India ETF (DGIN) is an exchange-traded fund that is based on the MVIS Digital India index. The fund tracks a market cap-weighted index of Indian companies that are involved in the digitalization of India’s economy. DGIN was launched on Feb 15, 2022 and is managed by VanEck.