Western Wealth Management LLC Buys 7,540 Shares of VanEck Digital Transformation ETF (NASDAQ:DAPP)

Western Wealth Management LLC raised its stake in VanEck Digital Transformation ETF (NASDAQ:DAPP) by 66.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,851 shares of the company’s stock after acquiring an additional 7,540 shares during the period. Western Wealth Management LLC’s holdings in VanEck Digital Transformation ETF were worth $194,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Stratos Wealth Partners LTD. purchased a new position in shares of VanEck Digital Transformation ETF in the 4th quarter worth $1,591,000. Flagstar Advisors Inc. grew its stake in shares of VanEck Digital Transformation ETF by 10.9% in the 3rd quarter. Flagstar Advisors Inc. now owns 141,976 shares of the company’s stock worth $778,000 after buying an additional 13,973 shares in the last quarter. SFG Wealth Management LLC. purchased a new position in shares of VanEck Digital Transformation ETF in the 4th quarter worth $937,000. IFP Advisors Inc grew its stake in shares of VanEck Digital Transformation ETF by 92,159.4% in the 3rd quarter. IFP Advisors Inc now owns 59,046 shares of the company’s stock worth $324,000 after buying an additional 58,982 shares in the last quarter. Finally, Lincoln National Corp grew its stake in shares of VanEck Digital Transformation ETF by 28.0% in the 3rd quarter. Lincoln National Corp now owns 16,000 shares of the company’s stock worth $88,000 after buying an additional 3,500 shares in the last quarter.

VanEck Digital Transformation ETF Stock Up 10.1 %

Shares of NASDAQ:DAPP opened at $9.90 on Tuesday. VanEck Digital Transformation ETF has a 52 week low of $4.78 and a 52 week high of $12.45. The stock has a market capitalization of $104.64 million, a P/E ratio of 2.89 and a beta of 2.90. The firm has a fifty day simple moving average of $10.20 and a two-hundred day simple moving average of $8.45.

VanEck Digital Transformation ETF Company Profile

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.